SouthState Bank (NYSE: SSB) exec lines up $400K stock sale
Rhea-AI Filing Summary
SouthState Bank Corp (SSB) is the issuer for a planned resale under Rule 144 by MATTHEWS E V, an officer. The notice covers the proposed sale of 4,000 shares of common stock through Northern Trust Securities Inc on or about 08/20/2026 on the NYSE, with an indicated aggregate market value of $400,520.00. The securities to be sold were acquired from the issuer as a stock award on 02/26/2025, totaling 4,568 shares received as compensation.
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Key Figures
Shares proposed for sale: 4,000 shares
Aggregate market value: $400,520.00
CUSIP/Identifier: 96974534
+3 more
6 metrics
Shares proposed for sale
4,000 shares
Common stock to be sold under Rule 144 through Northern Trust Securities Inc
Aggregate market value
$400,520.00
Indicated value of 4,000 shares proposed for sale
CUSIP/Identifier
96974534
Identifier listed for the common stock to be sold
Proposed sale date
08/20/2026
Date listed for sale of 4,000 common shares on NYSE
Shares acquired via stock award
4,568 shares
Common stock acquired on 02/26/2025 as compensation
Acquisition date of stock award
02/26/2025
Date of issuer stock award providing shares for potential sale
Key Terms
Rule 144, Stock Award, attorney-in-fact, compensation
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.
Stock Award financial
"Common | 02/26/2025 | Stock Award | Issuer |"
attorney-in-fact regulatory
"as a duly authorized representative of National Financial Services LLC, as attorney-in-fact for"
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.
compensation financial
"4568 | 02/26/2025 | Compensation"
FAQ
What does the Form 144 filing mean for SouthState Bank Corp (SSB)?
The Form 144 indicates an officer, MATTHEWS E V, has notified intent to sell 4,000 shares of SouthState Bank Corp common stock under Rule 144. It is a regulatory disclosure of a potential sale, not a guarantee that all shares will be sold.
AI-generated analysis. How Rhea-AI works. Not financial advice.