ServisFirst Bancshares, Inc.·4

Jan 22, 5:38 PM ET

Harper James Hannon 4

Research Summary

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Updated

ServisFirst (SFBS) CCO Harper Hannon Receives Restricted Stock Award

What Happened

  • Harper James Hannon, Chief Credit Officer (CCO) and Senior Vice President of ServisFirst Bancshares (SFBS), received a grant of 1,000 restricted shares on January 20, 2026. The reported acquisition price is $0.00, so no cash was paid; reported value at grant is $0 on the Form 4. This is an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-01-20; reported filing date: 2026-01-22 (filed within two business days).
  • Amount: 1,000 shares granted at $0.00 (acquisition code A).
  • Vesting/restrictions: Footnote F1 — the restricted shares vest 100% five years from the award date.
  • Holdings note: Footnote F2 — filing “includes 4,000 shares of restricted stock” (the Form 4 does not state a consolidated total shares-after-transaction figure in the provided data).
  • No sale or exercise occurred; this is a compensation award, not a liquidity event.

Context

  • Restricted stock grants are typically retention/compensation awards that vest over time; they do not represent an immediate purchase or sale and generally limit the holder’s ability to sell until vesting conditions are met. This award indicates company compensation activity rather than an immediate insider market signal.