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Southern First Bancshares Insider Sells $158,786 in Stock
Silvia King, an insider at the South Carolina-based bank, reduced her stake by nearly 40%.
Mar. 3, 2026 at 7:07am
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Southern First Bancshares, Inc. (NASDAQ:SFST) insider Silvia King sold 2,625 shares of the company's stock on February 26th, 2026. The shares were sold at an average price of $60.49, for a total value of $158,786.25. Following the sale, King directly owned 3,963 shares of the company's stock, valued at $239,721.87.
Why it matters
Insider transactions, such as stock sales, can provide insights into how company insiders view the business's prospects. King's sale represents a 39.85% decrease in her ownership stake, which could signal a belief that the stock is overvalued or that she needs to diversify her personal holdings.
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 that offers 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, Inc. who sold 2,625 shares of the company's stock.
Southern First Bancshares, Inc.
A community-oriented financial institution headquartered in Greenville, South Carolina that offers a range of commercial and consumer banking services.
The takeaway
This insider sale by Silvia King could signal her belief that Southern First Bancshares' stock is overvalued or that she wants to diversify her personal holdings. However, without additional context, it's difficult to draw firm conclusions about the company's prospects based on this single transaction.
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