Donovan Richard M sold (to issuer) 23,358 shares of FSEA
Donovan Richard M (President and CFO) sold (to issuer) 23,358 shares of First Seacoast Bancorp, Inc. (FSEA) on 2026-10-01.
How this was made
The 30-second read
Why it matters
Provides fresh, primary-source data on insider holdings, useful for monitoring corporate governance signals.
Market read
A CFO fully exits his share position, which may be interpreted as a negative signal, though the trade size is modest.
What to watch
The transaction size is small relative to market cap; no immediate material effect expected.
Background
SEC Form 4 filing discloses insider transactions required by regulation.
Ticker impact
CFO Donovan Richard M sold his remaining 23,358 shares, reducing his holding to zero.
likely downward pressure as the market prices in the insider sell
A senior officer fully exited his position, which is typically viewed as a negative signal despite the modest size.
Market effects
Minimal impact on the regional banking sector.
Negligible for the U.S. market.
None
Counterpoint
The sale could be unrelated to company outlook and merely personal liquidity needs.
Key entities
- CompanyFirst Seacoast Bancorp, Inc.
U.S. regional bank listed on Nasdaq under ticker FSEA.
- PersonDonovan Richard M
President and CFO of First Seacoast Bancorp.