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ServisFirst Bancshares, Inc.·4

Jul 31, 5:10 PM ET

Cashio J. Richard 4

Research Summary

AI-generated summary

Updated

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.