CULBRETH H GILBERT JR 4
Research Summary
AI-generated summary
Seacoast (SBCF) Director Culbreth Gilbert Receives 390-Share Award
What Happened
Culbreth H. Gilbert Jr., a director of Seacoast Banking Corp. of Florida (SBCF), received an award of 390 shares on July 9, 2026. The shares were valued at $31.66 each, for a total reported value of $12,347. This was an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-09
- Shares granted: 390 at $31.66 per share; total value $12,347
- Transaction type: Award/Grant (code A)
- Holding/plan notes: Held in Seacoast’s Non-employee Directors Deferred Compensation Plan (F1); granted pursuant to Seacoast’s 2013 Incentive Plan (F6)
- Shares owned after transaction: Not specified in the provided filing excerpt
- Filing timeliness: Reported on 2026-07-09 (filing date matches report date), indicating a timely Form 4
Context
Director awards are routine compensation and are often deferred or subject to vesting; they don’t necessarily indicate a director’s short-term market view. This grant increases the director’s equity stake on paper but is distinct from an open-market purchase by the insider.