Cashio J. Richard 4
4 · ServisFirst Bancshares, Inc. · Filed Jul 31, 2026
Research Summary
AI-generated summary of this filing
ServisFirst (SFBS) Director Cashio J. Richard Sells 11,500 Shares
What Happened
Cashio J. Richard, a director of ServisFirst Bancshares, Inc. (SFBS), sold 11,500 shares in an open-market/private sale on July 31, 2026. The weighted-average sale price was $89.43 per share, producing proceeds of approximately $1,028,445. This was a sale (liquidity event), not a purchase.
Key Details
- Transaction date: July 31, 2026. Transaction code: S (sale).
- Price: weighted average $89.43; individual trades ranged from $89.40 to $89.55 (footnote 1).
- Total proceeds: ~$1,028,445 (11,500 shares × $89.43).
- Shares owned after the transaction: not specified in the information provided in this summary/filing excerpt.
- Notable footnotes:
- F1: Weighted-average price with trades ranging $89.40–$89.55; reporting person can supply per-trade breakdown on request.
- F2: Notes 788 restricted stock awards that vest 100% one year from award date (May 18, 2026).
- Filing timeliness: Reported on July 31, 2026 (same day as the transaction), indicating a timely Form 4 filing.
Context
Sales by directors are common for personal liquidity or portfolio management and do not, by themselves, indicate company performance. Purchases generally carry clearer positive signal for investors; this filing documents a routine insider sale.
Insider Transaction Report
Form 4
Cashio J. Richard
Director
Transactions
- Sale
Common Stock
[F1][F2]2026-07-31$89.43/sh−11,500$1,028,445→ 387,113 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 $89.40 to $89.55, 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 788 restricted stock awards which vest 100% one year from the award date, May 18, 2026.
Signature
/s/ Edison K. Woodie|2026-07-31