4 Insiders at Seacoast Banking Corporation of Florida (SBCF) Received Stock Grants


Yesterday, Seacoast Banking Corporation of Florida (NASDAQ:SBCF) awarded four of its insiders with stock grants. While the company’s director, Michael Crook, and lead director, Roger Goldman, received grants of $9,340.78 each, director Stephen Bohner was awarded a much smaller amount of $4,727.92 in shares. However, the smallest grant was given to Edwin Walpole, also director at the $270.7 million market cap bank, who received shares with a value of $2,332.58.

In terms of insider stock trades, this fiscal year has been stagnant so far, with only one significant stock purchase, executed by Robert Goldstein, Director and majority shareholder at Seacoast Banking Corporation. This insider acquired over 2.3 million shares of Common Stock in January, paying a price of $2.15 per share.

Furthermore, Q2 of 2014 showed some new shareholder positions amongst hedge funds, such as Emanuel Friedman’s Ejf Capital, which recently acquired 500,000 shares, for a value of $5.5 million. Basswood Capital, Matthew Lindenbaum’s hedge fund, is also a new shareholder this quarter, with 343,951 shares, worth $3.7 million.

Disclosure: none