Just caught this insider move at Seacoast Banking Corp—their EVP Joseph Forlenza dumped 12,635 shares back in late February at around $32.90 each, pulling in roughly $416k from the sale. He exercised options and immediately sold them off, which cut his direct stake by nearly 23%. Still holds about 42k shares worth roughly $1.4M, so he's not abandoning ship entirely, but the timing is interesting.

Seacoast's a regional bank focused on Florida and Georgia, and they've actually been showing decent momentum lately. Seven straight quarters of revenue growth, their best year in a decade, and they just wrapped up that Villages Bancorp acquisition back in October which brought in $4.4B in assets. Stock's been climbing too—up about 12% over the past year.

Hard to read too much into one EVP's share sale though. Could be routine portfolio management or just taking some profits after the recent gains. Either way, worth keeping an eye on how the rest of the leadership team positions itself over the next few quarters.