SouthState Bank (SSB) CFO sells 4,000 shares, holds 40,568
Rhea-AI Filing Summary
SouthState Bank Corp (SSB) reported that its Chief Financial Officer, William E. V. Matthews, sold 4,000 shares of common stock on 2026-08-19 in an open-market or private transaction at $108.93 per share. Following this sale, he directly holds 40,568 shares of SouthState Bank Corp common stock.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 4,000 shares
Net Sell
1 txn
Insider
MATTHEWS WILLIAM E V
Role
Chief Financial Officer
Sold
4,000 shs ($436K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $108.93 | $436K |
Holdings After Transaction:
Common Stock — 40,568 shares (Direct)
Key Figures
Shares sold: 4,000 shares
Sale price per share: $108.93 per share
Shares owned after transaction: 40,568 shares
+2 more
5 metrics
Shares sold
4,000 shares
Common Stock, non-derivative sale on 2026-08-19
Sale price per share
$108.93 per share
Price for the 4,000-share Common Stock sale
Shares owned after transaction
40,568 shares
Directly owned Common Stock by CFO following the sale
Net shares sold
4,000 shares
Net sell activity across all reported transactions in this Form 4
Number of sale transactions
1 transaction
Single reported non-derivative sale of Common Stock
Key Terms
non-derivative, direct ownership, Rule 10b5-1
3 terms
non-derivative financial
"The sale was reported as a <b>non-derivative</b> transaction in the open market"
direct ownership financial
"he directly holds <b>40,568</b> shares of SouthState Bank Corp common stock"
Rule 10b5-1 regulatory
"The Form 4 indicates the Rule <b>10b5-1</b> checkbox is not affirmed"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did SouthState Bank Corp (SSB) disclose for its CFO?
SouthState Bank Corp (SSB) disclosed that CFO William E. V. Matthews sold 4,000 shares of common stock on 2026-08-19. The sale was reported as a non-derivative transaction in the open market or a private transaction at a stated per-share price.
What type of security did the SouthState Bank Corp (SSB) CFO sell in this Form 4 filing?
The transaction involves Common Stock of SouthState Bank Corp (SSB), reported as a non-derivative security. The CFO disposed of 4,000 common shares, and no derivative securities such as options or warrants were included in this particular Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.