Insider Trading March 31, 2026

Sound Financial CEO Sells $39,717 in Stock; Maintains Significant Holdings

Form 4 shows Laura Lee Stewart sold 900 shares while retaining direct and indirect stakes; company posts 14th straight year of dividend payments

By Nina Shah SFBC
Sound Financial CEO Sells $39,717 in Stock; Maintains Significant Holdings
SFBC

Laura Lee Stewart, president and chief executive of Sound Financial Bancorp, reported the sale of 900 common shares on March 31, 2026, in a Form 4 filing with the SEC. The shares were sold at $44.13 apiece for a total of $39,717. Following the transaction, Stewart continues to hold substantial direct and indirect positions in the company, which has a market capitalization of $111.93 million, a 1.92% dividend yield and a reported 14-year streak of dividend payments.

Key Points

  • Laura Lee Stewart sold 900 shares of Sound Financial Bancorp at $44.13 per share on March 31, 2026, for a total of $39,717.
  • After the sale Stewart directly owns 49,602 shares and holds additional indirect positions via an ESOP (14,409 shares), a 401(k) (18,906 shares), and a CRT (9,900 shares); she also holds options with strikes between $32.46 and $40.13.
  • Sound Financial Bancorp has a market capitalization of $111.93 million, a dividend yield of 1.92%, and has paid dividends for 14 consecutive years; the stock is trading at $43.71 and is down 11% over the past year.

Laura Lee Stewart, president and chief executive officer of Sound Financial Bancorp, Inc. (NASDAQ: SFBC), disposed of 900 shares of the bank's common stock at $44.13 per share on March 31, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The transaction totaled $39,717.

The sale was recorded while the stock was trading at $43.71. The share price is down 11% over the past year, and the company carries a price-to-earnings ratio of 15.92, as noted in the filing. The market capitalization of Sound Financial Bancorp stands at $111.93 million.

After the March 31 sale, Stewart's direct ownership is 49,602 shares. She also retains indirect holdings of 14,409 shares through an employee stock ownership plan (ESOP), 18,906 shares through a 401(k), and 9,900 shares through a charitable remainder trust (CRT), as listed in the filing.

The filing additionally shows that Stewart holds stock options with exercise prices ranging from $32.46 to $40.13. The report does not provide further detail on timing of any future option exercises or the motivations for the sale.


Company income and payout details reported in the filing

Sound Financial Bancorp is reported to offer a 1.92% dividend yield and, per the filing, has maintained dividend payments for 14 consecutive years. These figures and other financial metrics were cited alongside the Form 4 information.


Data limitations

The Form 4 documents the transaction and the remaining and indirect holdings listed above, but it does not state the reason for the sale or any planned future trades by Stewart. The filing also does not provide projections about the companyinancial performance beyond the valuation metrics and dividend data included in the report.

This account is based solely on the information disclosed in the SEC filing and the accompanying company metrics cited in the report.

Risks

  • The company's shares have declined 11% over the past year, reflecting recent share-price weakness disclosed in the filing - relevant to equity investors and banking sector exposure.
  • The Form 4 does not state the reason for Stewart's sale, leaving the motivation for the transaction unclear and limiting interpretation of insider intent.
  • Stewart holds option positions exercisable at prices between $32.46 and $40.13, which could result in future share purchases or transactions depending on exercise decisions.

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