---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-26-000226"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:42:24.533458+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Southern First Bancshares prices 1.05M share offering at $54; expects ~$53.2M net proceeds

## Summary
- Offering of 1,050,000 shares of common stock at $54.00 per share, with 30-day option for additional 157,500 shares.
- Net proceeds expected ~$53.2M ($61.3M with full over-allotment); used for general corporate purposes including growth, bank capital, debt repayment.
- Offering expected to close April 17, 2026; Piper Sandler sole book-runner, KBW co-manager.
- Directors and executive officers entered 90-day lock-up agreements restricting share sales.

## SEC filing metadata
- accession: 0001206774-26-000226
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090009/000120677426000226/0001206774-26-000226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677426000226/sfst4622601-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-26-000226
- JSON: https://secwatch.observer/filing/0001206774-26-000226.json
- Plain text: https://secwatch.observer/filing/0001206774-26-000226.txt

## Key facts
- Material Agreements
  SOUTHERN FIRST BANCSHARES INC entered into Underwriting Agreement with Piper Sandler & Co., as representative of the several underwriters named therein valued at approximately $53.2 million (effective 2026-04-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Piper Sandler & Co., as representative of the several underwriters named therein
  - Value: approximately $53.2 million
  - Effective: 2026-04-15
  source text: On April 15, 2026, Southern First Bancshares, Inc. (the “Company”) and its wholly owned bank subsidiary, Southern First Bank, a South Carolina state bank (the “Bank”), entered into an Underwriting Agreement (the “Underwriting Agreement”) with Piper Sandler & Co., as representative of the several underwriters named therein (the “Underwriters”), including Keefe, Bruyette & Woods, Inc., relating to the offer and sale of 1,050,000 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), at a public offering price of $54.00 per share in an underwritten public offering (the “Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090009/000120677426000226/0001206774-26-000226-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.