SouthState Bank (SSB) director plans NYSE stock sale after recent insider trades
Rhea-AI Filing Summary
SouthState Bank Corp (SSB) had a Form 144/A filed on behalf of director David R. Brooks, indicating an intention to sell common stock through Raymond James & Associates on the NYSE. The notice lists the history of the shares to be sold, including prior acquisitions via gifts and stock options granted by the issuer between 2013 and 2024. It also reports that, within the past three months, Brooks and an affiliated entity, Natur FLP, have already sold common shares of SouthState Bank Corp in separate transactions.
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Key Figures
Shares sold by David R. Brooks: 6,181 shares
Proceeds from Brooks sale: 667,054.00
Shares sold by Natur FLP: 18,000 shares
+2 more
5 metrics
Shares sold by David R. Brooks
6,181 shares
Common stock sale on 08/03/2026 reported in the past 3 months section
Proceeds from Brooks sale
667,054.00
Dollar amount associated with the 6,181-share sale on 08/03/2026
Shares sold by Natur FLP
18,000 shares
Common stock sale on 08/05/2026 reported in the past 3 months section
Proceeds from Natur FLP sale
19,800.00
Dollar amount associated with the 18,000-share sale on 08/05/2026
Issuer SEC file number
001-12669
SEC file number for SouthState Bank Corp as stated in issuer information
Key Terms
Rule 144, attorney-in-fact, stock option, Form 144
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
attorney-in-fact regulatory
"as attorney-in-fact for David R Brooks"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
stock option financial
"Common | 01/31/2022 | Stock Option | Issuer"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Form 144 regulatory
"144/A: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What is the purpose of the latest Form 144/A filing for SSB?
The Form 144/A filing for SSB gives notice that director David R. Brooks intends to sell SouthState Bank Corp common stock. It outlines the acquisition history of the shares and recent share sales, as required under Rule 144.
Which broker is handling the proposed SouthState Bank Corp (SSB) sales?
The proposed sales of SouthState Bank Corp common stock are to be handled by Raymond James & Associates, Inc., located in St. Petersburg, Florida, as indicated in the broker information section.
AI-generated analysis. How Rhea-AI works. Not financial advice.