Cashio J. Richard 4

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.