ServisFirst Bancshares, Inc. (NASDAQ:SFBS) Chairman, President, & CEO Broughton Thomas A exercised option of 13,000 shares of the company stock in a transaction that occurred on October 8, 2019.
The shares were exercised option at an average price of $ 18.57, for a total transaction of $ 241.41 thousand.
Following the completion of the transaction, the Chairman, President, & CEO now owns 1.02 million shares in the company, valued at approximately 18.85 million.
The transaction was disclosed in a filing with the SEC, which is available through SEC Filing Link.
According to the previous trading day, closing price of SFBS was $ 32.69, representing a 10.77 % increase from the 52 week low of $ 29.17 and a 21.51 % decrease over the 52 week high of $ 39.72.