FSEA EVP Swenson John E. Makes Large Share Purchases in August 2025

Friday, Aug 22, 2025 1:18 pm ET1min read

First Seacoast Bancorp, Inc. has reported that EVP and COO John E. Swenson has recently made several purchases of the company's shares. On August 21, 2025, Swenson acquired 12 shares at a price of $11.54 per share, 99 shares at a price of $11.55 per share, 189 shares at a price of $11.57 per share, and 300 shares at a price of $11.74 per share. These transactions reflect Swenson's confidence in the company's prospects and his commitment to its long-term success.

First Seacoast Bancorp, Inc. (NASDAQ: FSEA), a small-cap bank with a market capitalization of $48.5 million, has seen a notable increase in insider buying activity. On August 21, 2025, Executive Vice President and Chief Operating Officer John E. Swenson acquired a total of 590 shares of the company's common stock. The purchases were made at various prices: 12 shares at $11.54, 99 shares at $11.55, 189 shares at $11.57, and 300 shares at $11.74 [1].

These transactions highlight Swenson's confidence in the company's prospects and his commitment to its long-term success. The stock has gained 11.6% year-to-date and is trading near its 52-week high of $11.80. Following the latest purchase, Swenson directly owns 12,637 shares of First Seacoast Bancorp, Inc. common stock, including restricted stocks which vest at a rate of 33 1/3% per year commencing on December 2, 2025. Additionally, Swenson holds 4,255 shares by 401(k) and 3,646 shares by ESOP [1].

First Seacoast Bancorp, Inc. currently shows weak financial health metrics and trades below book value with a P/B ratio of 0.8. However, the recent insider buying activity may signal a positive outlook for the company's future performance.

References:

[1] https://www.investing.com/news/insider-trading-news/first-seacoast-bancorp-ceo-brannen-buys-56k-in-fsea-stock-93CH-4198430

FSEA EVP Swenson John E. Makes Large Share Purchases in August 2025

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