BROUGHTON THOMAS A 4

What Happened

• Thomas A. Broughton, Chairman, President & CEO of ServisFirst Bancshares (SFBS), was granted 6,500 shares on 2026-01-20. The grant is reported at $0.00 per share (6,500 shares; filing shows $0 total) and is coded as an award/acquisition (A).
• This is a time‑based restricted stock award that vests ratably over three years beginning 01/20/2026 (see footnote F1). Awards are compensation, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-01-20; Form 4 filed: 2026-01-22.
• Reported price: $0.00 per share (total $0 on the filing); the filing does not state an immediate cash value or sale.
• Vesting: Shares vest ratably over 3 years from award date (F1).
• Holdings notes from filing:
  • Includes 16,646 shares of restricted stock (F2).
  • Does not include 190,000 shares held by TAB2, LLC and 300,000 shares held by TAB3, LLC, which are managed by a third‑party manager (F3).
  • Some shares are held in a GRAT for the benefit of Mr. Broughton’s children; Mr. Broughton retains substitution power (F4).
• Filing appears timely (filed two days after the transaction); no late‑filing flag indicated.

Context

• Time‑based restricted stock grants are a common form of executive compensation and vest over time; they are not the same as an open‑market purchase (which can signal a personal bullish bet).
• The Form 4 reports the grant but does not provide an immediate cash value or indicate any sale; retail investors should view this as compensation-related equity rather than a direct buy/sell signaling.