Southern First (SFST) CAO Julie Ann Fairchild Sells 1,500 Shares

What Happened

• Julie Ann Fairchild, Chief Accounting Officer of Southern First Bancshares (SFST), sold 1,500 shares in an open-market transaction on 2026-08-03 at $63.00 per share, totaling $94,500.
• On 2026-08-04 she reported an exercise/conversion of 1,500 derivative shares (transaction code M) reported with an acquisition price of $0 and listed as disposed in the filing.

Key Details

• Sale: 1,500 shares on 2026-08-03 at $63.00 — proceeds $94,500 (reporting code S).
• Derivative event: 1,500 shares on 2026-08-04, exercise/conversion (code M), acquisition price reported as $0 and shown as disposed.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• No footnotes (e.g., 10b5-1, tax withholding) were provided in the summary data.
• Filing was submitted 2026-08-04 for transactions through 2026-08-03 — appears timely (not marked late).

Context

• The primary market action here is a sale (a liquidity event for the insider); sales are common and do not by themselves indicate company outlook.
• The derivative entry (code M) means she exercised or converted a derivative instrument. The filing reports a $0 acquisition price for that exercise/conversion; the form does not specify cash received or whether this was a cashless/stock-settled transaction. Check the full Form 4 for any explanatory footnotes or plan details.