Silvia T. King, who serves as Chief Human Resources Officer at Southern First Bancshares Inc (NASDAQ:SFST), completed a sale of 2,625 common shares on February 26, 2026. The shares were sold at $60.4938 apiece, producing gross proceeds of $158,796.
The disposition occurred while Southern First shares are trading near their 52-week high of $62 and after the stock has advanced roughly 80% over the last 12 months. According to InvestingPro analysis cited in company-related reporting, the shares currently appear overvalued relative to a stated Fair Value estimate and the stock is trading at a price-to-earnings ratio of 16.29.
On the same date that the sale took place, King exercised stock options to acquire a total of 2,625 shares of Southern First common stock. Those exercises were executed through two separate option grants. The first exercise covered 625 shares at an exercise price of $32.32 per share, while the second covered 2,000 shares at an exercise price of $39.45 per share. The aggregate value of the shares obtained through these option exercises is reported as $99,100.
After accounting for the sale and the option exercises, King is reported to directly own 3,963 shares of Southern First Bancshares Inc.
Details provided on transaction pricing, the exercise prices of the options, and the resulting share totals present a clear record of the day’s activity for the company’s HR chief. The sale price, option exercise prices, and the post-transaction ownership figure align with the reported filings and company disclosures made public in association with the trades.
Context and facts:
- Sale: 2,625 shares sold on February 26, 2026 at $60.4938 each - proceeds $158,796.
- Option exercises: 2,625 shares acquired via two exercises - 625 shares at $32.32 and 2,000 shares at $39.45; total value $99,100.
- Remaining direct ownership after transactions: 3,963 shares.
- Market backdrop: shares near a 52-week high of $62 and an 80% yearly gain; InvestingPro flags the stock as overvalued with a P/E of 16.29.
Where available, readers should consult company filings for the formal insider transaction reports. The record above reflects the specific transaction quantities, prices, and resulting ownership disclosed in the filings and associated reporting.