ServisFirst Bancshares (SFBS) CEO Broughton gave up 700 shares at $86.76 to cover taxes or an exercise price
Insider transactions reported
Thomas A Broughton (Chairman, President, & CEO at ServisFirst Bancshares Inc., SFBS) reported that they gave up 700 shares at $86.76 to cover taxes or an exercise price on Feb 21, 2025. After these transactions the filing shows 454,717 shares held directly.
- Reporting person
- Broughton Thomas A
- Role
- Chairman, President, & CEO
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 21, 2025 | Shares withheld for taxes or exercise price (F) | Common Stock1, 2 | -700 | $86.76 | $60.7K | 454,717 direct |
Holdings before and after
- Common Stock: 455,417 to 454,717 direct
Other positions listed
- Common Stock: 325,366 indirect, TAB 2 LLC
- Common Stock: 55,138 indirect, By Wife
- Common Stock: 2,775 indirect, By 401 (K) Plan
Footnotes from the filing
- 1. Shares withheld to pay tax liability of restricted stock awards granted on 02/21/23 and vested on 02/21/25.
- 2. (2) Reflects 172,446 shares previously held by a GRAT that were transferred to Mr. Broughton, representing a change in the form of beneficial ownership.
- 3. Shares are held by a GRAT for the benefit of Mr. Broughton's children, for which Mr. Broughton retains the power of substitution.
- 4. Does not include 190,000 shares held by TAB2, LLC and 300,000 shares held by TAB3, LLC, which are managed by a third party manager.
Transaction codes in this filing
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Broughton report in this SFBS Form 4?
Thomas A Broughton (Chairman, President, & CEO at ServisFirst Bancshares Inc., SFBS) reported that they gave up 700 shares at $86.76 to cover taxes or an exercise price on Feb 21, 2025. After these transactions the filing shows 454,717 shares held directly.
How many SFBS shares does Broughton hold after this filing?
The filing shows 454,717 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code F mean on an SEC Form 4?
Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
Historical context for SFBS
Earlier insider filings at SFBS
- Feb 25, 2025COO, EVP Rushing Rodney Eldon covered exercise/tax liability with 115 shares, decreasing direct ownership by 0.04% to 305,200 units (SEC Form 4)
- Feb 20, 2025Chief Credit Officer, SVP Abbott Henry Fulbrook was granted 700 shares, increasing direct ownership by 8% to 9,201 units (SEC Form 4)
- Feb 14, 2025Director Mettler Christopher J sold $1,596,240 worth of shares (18,000 units at $88.68), decreasing direct ownership by 51% to 17,436 units (SEC Form 4)
- Feb 10, 2025Director Cashio J. Richard sold $145,429 worth of shares (1,589 units at $91.52), decreasing direct ownership by 0.36% to 443,541 units (SEC Form 4)
- Jan 30, 2025Chairman, President, & CEO Broughton Thomas A was granted 9,165 shares and covered exercise/tax liability with 2,028 shares, increasing direct ownership by 1,087% to 282,971 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Major Banks
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