{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-054274","form_type":"8-K","ticker":"SBCF","cik":"0000730708","company_name":"SEACOAST BANKING CORP OF FLORIDA","filed_at":"2025-05-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.124958+00:00","generated_at":"2026-05-20T07:09:21.214086+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Seacoast to acquire Villages Bancorporation for cash and stock; 25% cash/75% stock mix","bullets":["Each VBI share converts to $1,000 cash, 38.5 SBCF shares, or a 25/75 cash/stock mix, subject to proration.","Shareholders representing ~75% of VBI (Morse family) sign voting agreement capping SBCF ownership at 9.75%.","Developer Support Agreement with The Villages entities provides 10-year branch lease exclusivity and deposit relationship.","Seacoast may adjust exchange ratio downward if VBI tangible equity <$459.9M or allowance <1.76% of loans.","Termination fee of $31.4M payable by VBI if its board withdraws recommendation or triggers certain conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-054274","json":"https://secwatch.observer/filing/0001104659-25-054274.json","markdown":"https://secwatch.observer/filing/0001104659-25-054274.md","text":"https://secwatch.observer/filing/0001104659-25-054274.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/730708/000110465925054274/0001104659-25-054274-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/730708/000110465925054274/tm2516417d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T07:09:21.214086+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}