Adé Hennis, The Motley Fool
Sun, March 1, 2026 astatine 2:29 PM CST 3 min read
Joseph M. Forlenza, EVP & CRO of Seacoast Banking Corporation of Florida (NASDAQ:SBCF), reported an open-market merchantability of 12,635 shares connected Feb. 26, 2026, pursuing an enactment exercise, for a full worth of ~$416,000, per a SEC Form 4 filing.
| Shares sold (direct) | 12,635 |
| Transaction value | $415,692 |
| Post-transaction shares (direct) | 42,392 |
| Post-transaction worth (direct ownership) | $1.39 million |
Transaction and post-transaction values based connected Feb. 26, 2026 marketplace adjacent terms of $32.90.
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What is the operation and intent of this transaction?
This filing covers the workout of 12,635 banal options, each of which were instantly sold. -
How does this commercialized impact Forlenza's ownership successful the company?
After the transaction, Forlenza holds 42,392 shares directly, reflecting a 22.96% simplification successful his nonstop equity involvement but maintaining a presumption valued astatine ~$1.39 cardinal arsenic of the transaction date.
| Revenue (TTM) | $601.37 million |
| Net income (TTM) | $140.31 million |
| Dividend yield | 2.44% |
| 1-year terms alteration (as of Feb. 28, 2026) | 11.82% |
Seacoast Banking Corporation of Florida is simply a determination fiscal instauration with much than 1,500 employees and a diversified portfolio of banking and wealthiness absorption services. The institution leverages its established beingness successful Florida to service a wide basal of retail and commercialized clients, but has besides expanded its services into Georgia.
For a slope that fundamentally lone operates successful 2 states, it continues to amusement maturation from a fiscal information perspective. The institution released its Q4 FY 2026 net study connected Jan. 29, 2026, reporting its seventh consecutive 4th of gross growth. For the full fiscal year, it had its highest yearly gross and nett income wrong the past decade.
After reporting its strategical maturation initiatives connected Feb. 11, 2026, Seacost is highly optimistic astir its acquisition of Villages Bancorporation, the genitor institution of Citizens First Bank, an instauration that predominantly serves retirees wrong Florida. Seacoast claims to person acquired $4.4 cardinal successful assets from the acquisition, completed successful October 2025.
Although Seacoast’s financials person remained modest, that has not been reflected successful the stock. Throughout the past 5 years, the banal has fallen 13.44% (as of Feb. 28, 2026). With an operational absorption chiefly connected Florida, Seacoast’s banal maturation is limited.
Before you bargain banal successful Seacoast Banking Of Florida, see this:

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