Julie Ann Fairchild, Chief Accounting Officer of Southern First Bancshares Inc (NASDAQ: SFST), filed a Form 4 on August 4, 2026, disclosing transactions in the company's common stock dated August 3-4, 2026.

Key Highlights

  • Sale transaction: Fairchild disposed of 1,500 shares of common stock on August 3, 2026, at a price of $63 per share.
  • Option exercise: On August 4, 2026, Fairchild exercised stock options (transaction code M) covering 1,500 shares of common stock at an exercise price of $35.65, with a price of $0 recorded for the derivative transaction.
  • Options expiration: The exercised stock options carried an expiration date of January 17, 2027, and were exercisable as of January 17, 2018.
  • Remaining ownership: Following the reported transactions, Fairchild directly beneficially owned 5,200 shares of common stock and zero stock options.
  • Direct ownership: All reported securities are held directly by the reporting person.

Details of Fairchild's August 2026 Transactions in Southern First Bancshares Stock

According to the filing, Julie Ann Fairchild, identified as Chief Accounting Officer of Southern First Bancshares Inc, reported two related transactions. On August 3, 2026, she disposed of 1,500 shares of common stock (transaction code S) at $63 per share. The following day, August 4, 2026, she exercised stock options (transaction code M) for 1,500 shares of common stock at a conversion or exercise price of $35.65, with the price of the derivative security listed as $0.

The filing indicates the stock options had been exercisable since January 17, 2018, and carried an expiration date of January 17, 2027. Following all reported transactions, the filing states that Fairchild directly beneficially owned 5,200 shares of common stock and held zero remaining stock options. No indirect ownership or joint filing arrangements were reported.

The Form 4 was filed pursuant to Section 16(a) of the Securities Exchange Act of 1934. The filing does not indicate that the transactions were made pursuant to a Rule 10b5-1(c) plan, as that checkbox was not selected on the form.

What Was Disclosed

The filing reported the sale of 1,500 common shares at $63 and the exercise of 1,500 stock options at $35.65 by Southern First Bancshares' Chief Accounting Officer, leaving her with direct beneficial ownership of 5,200 shares and no remaining options.