In 2022, Charles M. Shaffer earned $2.82M in total compensation at Seacoast Banking Corporation of Florida, including $720.00K salary, $1.15M bonus and $736.46K in stock. Most recently acquired 49,005 shares in Apr 2024. Currently holds stock worth $4.41M. Led Seacoast Banking Corporation of Florida as CEO for 2 years.
Compensation History
Annual executive compensation data for Charles M. Shaffer, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$2.82M
Salary
$720.00K
Bonus
$1.15M
Other
$207.50K
Salary
$720.00KBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with long-term shareholder interests and company performance metrics.
Bonus
$1.15MBoard Justification
Annual cash bonuses based on Company performance for the year and the achievement of pre-established individual goals.
Other Compensation
$207.50KBoard Justification
Includes contributions to retirement plans, supplemental insurance, and other benefits.
Restricted Stock
Board Justification
Restricted Stock Awards that vested in 2022, reflecting performance in 2021.
Performance Metrics
Average annual EPS growth and average annual return on average tangible common equity (ROATE) were key performance metrics used to determine compensation.
Charles M. Shaffer
Ex-CEO of Seacoast Banking Corporation of Florida
Education
Bachelor of Science degree in Finance, Bachelor of Arts degree in Accounting, MBA with a finance specialization
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1973 - 52 years ago
CEO of Seacoast Banking Corporation of Florida for
2 years 11 months (Jan 2021 - Dec 2023)
Previous Experience
President and Chief Operating Officer of Seacoast since June 2020. Previously served as Chief Financial Officer and Executive Vice President.
Other Seacoast Banking Corporation of Florida CEOs
Holdings
Track Charles M. Shaffer's stock holdings and portfolio value over time.
Total Stock Sold
$691.18K
$691.18K
21,182 SBCF shares
What if they kept their stock?
If Charles M. Shaffer didn't sell their stock, today they would have:
Extra SBCF21,182 shares worth $684.81K.
This is -0.92% and $6.37K less than what they got when they sold the stock.
Insider Trading
Charles M. Shaffer's recent stock transactions, purchases, and sales filed with the SEC.
$1.21M
SBCF at $24.76/share
Apr 1, 2024
Received
12,581 shares
SBCF
Feb 29, 2024
Received
$300.01K
SBCF at $23.63/share
Apr 1, 2023
Received
13,303 shares
SBCF
Mar 1, 2023
Received
$144.24K
SBCF at $30.71/share
Feb 27, 2023
Sale
$179.98K
SBCF at $34.34/share
Apr 1, 2022
Received
10,253 shares
SBCF
Mar 1, 2022
Received
$381.65K
SBCF at $36.35/share
Feb 1, 2022
Sale
$7.66K
SBCF at $34.05/share
Nov 30, 2021
Purchase
$7.59K
SBCF at $31.62/share
Aug 26, 2021
Purchase
Rivals
Compare Charles M. Shaffer with competitor CEOs and industry peers.
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Bonus
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$611.04K
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Bonus
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Total Holdings
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$0.00
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Bonus
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Other
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Total Holdings
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Salary
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Bonus
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Total Holdings
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