STOCK TITAN

SouthState (SSB) CEO Disposes 5,000 Shares as Charitable Gift

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

John C. Corbett, CEO and Director of SouthState Bank Corp (SSB), reported a non‑derivative disposition of 5,000 shares of the company's common stock on 09/18/2025. The Form 4 shows the shares were disposed of under transaction code G(1) and priced at $0.00, with an explanation stating this was a bona fide gift to a charitable organization. After the reported transaction, the filing shows Mr. Corbett beneficially owns 107,750 shares. The Form 4 was filed individually and signed by William E. Matthews, V, CFO, pursuant to power of attorney.

Positive

  • Transaction disclosed under Section 16, demonstrating regulatory compliance and transparency
  • Disposition is a bona fide charitable gift (transaction code G(1)), not a market sale
  • Reporting person retains 107,750 shares, indicating continued ownership stake

Negative

  • None.

Insights

TL;DR: CEO reported a small charitable gift of company shares, reducing holdings to 107,750 shares; disclosure consistent with Section 16 rules.

The filing documents a non‑economic transfer (transaction code G(1)) of 5,000 common shares as a bona fide charitable gift, which is regularly reported and does not indicate compensation or a market sale. Such gifts are common for executives and are covered by Section 16 reporting requirements to maintain transparency. The reported remaining beneficial ownership of 107,750 shares provides continuing alignment with shareholder interests. No derivative transactions or option exercises are reported.

TL;DR: Transaction appears routine and properly disclosed; no immediate regulatory or market implications evident.

The Form 4 identifies the reporter as both an officer (CEO) and director, and it was filed by one reporting person. The use of transaction code G(1) with a $0.00 price and an explicit explanation of a charitable gift aligns with permitted non‑market dispositions. Filing via power of attorney is noted and signed by the company CFO. There are no indications of related derivative activity, insider sales for cash, or other material changes that would typically affect market assessment.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Corbett John C

(Last) (First) (Middle)
1101 FIRST STREET SOUTH, SUITE 202

(Street)
WINTER HAVEN FL 33880

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SouthState Bank Corp [ SSB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/18/2025 09/18/2025 G(1) 5,000 D $0.00 107,750 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Bona fide gift to a charitable organization.
Remarks:
William E. Matthews, V, CFO, pursuant to power of attorney 09/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did John C. Corbett report on the Form 4 for SSB?

He reported a disposition of 5,000 common shares on 09/18/2025, described as a bona fide gift to a charitable organization.

Was the 5,000‑share transaction a sale or gift according to the filing?

The filing indicates it was a gift (transaction code G(1)) with a price shown as $0.00.

How many SouthState Bank Corp (SSB) shares does John C. Corbett beneficially own after the transaction?

107,750 shares are reported as beneficially owned following the transaction.

What is John C. Corbett's role at SouthState Bank Corp as listed on the Form 4?

He is reported as both CEO and a Director on the Form 4.

Who signed the Form 4 filing for the reporting person?

William E. Matthews, V, CFO, signed the form pursuant to power of attorney on 09/18/2025.
SouthState Bank

NYSE:SSB

SSB Rankings

SSB Latest News

SSB Latest SEC Filings

SSB Stock Data

9.76B
99.27M
1.16%
87.55%
2.92%
Banks - Regional
State Commercial Banks
Link
United States
WINTER HAVEN