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Southern First Bancshares Insider Sells $158,786 in Stock
Silvia King, an insider at the bank, reduced her ownership stake by nearly 40%.
Published on Feb. 27, 2026
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Southern First Bancshares, Inc. (NASDAQ:SFST) insider Silvia King sold 2,625 shares of the company's stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $60.49, for a total transaction of $158,786.25. Following the sale, King now directly owns 3,963 shares of the company's stock, valued at $239,721.87.
Why it matters
Insider transactions can provide insights into a company's performance and management's confidence. King's sale represents a significant 39.85% decrease in her ownership stake, which could signal a shift in her outlook on the bank's prospects.
The details
The transaction was disclosed in a filing with the SEC. Southern First Bancshares is a community-oriented financial institution headquartered in Greenville, South Carolina, offering a range of commercial and consumer banking services.
- The stock sale occurred on Thursday, February 26th, 2026.
The players
Silvia King
An insider at Southern First Bancshares who sold 2,625 shares of the company's stock.
Southern First Bancshares, Inc.
A community-oriented financial institution headquartered in Greenville, South Carolina, offering a range of commercial and consumer banking services.
The takeaway
The insider sale by Silvia King could be a signal of her reduced confidence in Southern First Bancshares' future performance, though the reasons behind the transaction are not explicitly stated. Investors may want to monitor the company's financial performance and any further insider trading activity.
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