Thomas A. Broughton - Jan 27, 2025 Form 4 Insider Report for ServisFirst Bancshares, Inc. (SFBS)

Role
Chairman, President, & CEO, Director
Signature
/s/ Davis S. Mange, Attorney-In-Fact
Stock symbol
SFBS
Transactions as of
Jan 27, 2025
Transactions value $
-$182,851
Form type
4
Date filed
1/29/2025, 07:47 PM
Previous filing
Oct 30, 2024
Next filing
Feb 25, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFBS Common Stock Award $0 +4.6K +19.28% $0.00 28.4K Jan 27, 2025 Direct F3
transaction SFBS Common Stock Tax liability -$56.9K -624 -0.22% $91.25 280K Jan 29, 2025 Direct F4
transaction SFBS Common Stock Award $0 +4.57K +1.63% $0.00 284K Jan 27, 2025 Direct F5
transaction SFBS Common Stock Tax liability -$126K -1.4K -0.49% $89.68 283K Jan 27, 2025 Direct F6
holding SFBS Common Stock 55.1K Jan 27, 2025 By Wife
holding SFBS Common Stock 498K Jan 27, 2025 TAB 2 LLC F1, F2
holding SFBS Common Stock 2.78K Jan 27, 2025 By 401 (K) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by a GRAT for the benefit of Mr. Broughton's children, for which Mr. Broughton retains the power of substitution.
F2 Does not include 190,000 shares held by TAB2, LLC and 300,000 shares held by TAB3, LLC, which are managed by a third party manager.
F3 Shares of time-based restricted stock awards with vest ratably over 3 years from the date awarded, 1/27/25.
F4 Shares withheld to pay tax liability of time based restricted stock awards issued on 01/29/24 and vested on 01/29/25.
F5 Shares of performance stock awards that vested 01/27/25. The performance award amount was determined based on total shareholder return from 01/01/22 to 12/31/24 relative to total shareholder return of a group of peers.
F6 Shares withheld to pay tax liability of performance stock awards that vested on 01/27/25.