Cashio J. Richard 4
4 · ServisFirst Bancshares, Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
ServisFirst (SFBS) Director J. Richard Cashio Sells 42,000 Shares
What Happened
- Director J. Richard Cashio disposed of 42,000 shares of ServisFirst Bancshares, Inc. (SFBS) in open-market/private sale transactions on 2026-03-24. The reported weighted-average price was $74.50 per share for total proceeds of $3,129,000. The trades were reported on an SEC Form 4 filed the same day.
Key Details
- Transaction date: 2026-03-24.
- Transaction type/code: Sale (S) — open-market or private sale.
- Shares sold: 42,000; weighted-average price: $74.50; total proceeds: $3,129,000.
- Reported price range: $72.89 to $74.98 (footnote F1 states the sale occurred in multiple transactions across this range; the filer can provide a per-trade breakdown on request).
- Shares owned after the transaction: not specified in the excerpt provided. Filing notes include 784 restricted shares that vest on 05/19/2026 (footnote F2).
- Filing timeliness: Reported and filed on 2026-03-24 (appears timely).
Context
- This was a sale by a company director. Sales are common for liquidity, diversification, or other personal reasons and are generally less informative about company prospects than insider purchases. The filing provides a weighted average and price range; retail investors wanting more detail can request the per-trade breakdown referenced in footnote F1.
Insider Transaction Report
Form 4
Cashio J. Richard
Director
Transactions
- Sale
Common Stock
[F1][F2]2026-03-24$74.50/sh−42,000$3,129,000→ 397,825 total
Holdings
- 98,700(indirect: By Spouse)
Common Stock
- 28,752(indirect: By Daughter)
Common Stock
Footnotes (2)
- [F1]The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions ranging in price from $72.89 to $74.98, inclusive. The reporting person undertakes to provide ServisFirst Bancshares, Inc., any security holder of ServisFirst Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price set forth in this footnote to this Form 4.
- [F2]Includes 784 shares of restricted stock awards that vest on 05/19/2026.
Signature
/s/ Davis S. Mange Attorney-In-Fact|2026-03-24