Cashio J. Richard 4
Research Summary
AI-generated summary
ServisFirst (SFBS) Director Cashio J. Richard Receives 788-Share Award
What Happened
- Cashio J. Richard, a director of ServisFirst Bancshares, Inc. (SFBS), was awarded 788 shares of restricted stock on 2026-05-18. The shares were granted at $0.00 cash cost to the insider (award/grant transaction code A).
Key Details
- Transaction date: 2026-05-18; Form 4 filed 2026-05-20 (filed within the standard two-business-day window).
- Transaction type: Award/Grant (A); 788 shares acquired for $0.00 (no cash paid).
- Shares owned after transaction: Not specified in the filing.
- Footnote: The 788 shares are restricted stock that vest 100% one year from the award date.
- No 10b5-1 plan, tax-withholding sale, or cashless exercise noted.
Context
- This was an equity award (restricted stock), not an open-market purchase or sale; such awards are common for compensation and retention and do not by themselves indicate an immediate buy/sell market signal.
- The shares will remain subject to vesting terms for one year before becoming fully owned and freely tradable (subject to any company or securities-law restrictions).