SouthState Bank Corp (SSB) President gifts 1,000 shares to charity, retains 55,237
Rhea-AI Filing Summary
SouthState Bank Corp President Richard IV Murray reported a bona fide gift of 1,000 shares of Common Stock on 2026-08-14 to a charitable organization. The transfer was reported at $0.00 per share, and Murray’s directly held stake after the gift is 55,237 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
1 txn
Insider
MURRAY RICHARD IV
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 1,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 55,237 shares (Direct)
Footnotes (1)
- F1. Bona fide gift to a charitable organization.
Key Figures
Shares gifted: 1,000 shares
Gift price per share: $0.00 per share
Shares held after transaction: 55,237 shares
3 metrics
Shares gifted
1,000 shares
Bona fide gift of Common Stock on 2026-08-14
Gift price per share
$0.00 per share
Reported transaction price for gifted shares
Shares held after transaction
55,237 shares
Direct Common Stock ownership by Richard IV Murray following the gift
Key Terms
Bona fide gift, Common Stock, Form 4
3 terms
Bona fide gift financial
"Bona fide gift to a charitable organization."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) reporting the transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SouthState Bank Corp (SSB) report in this Form 4?
SouthState Bank Corp President Richard IV Murray reported a bona fide gift of 1,000 Common Stock shares on 2026-08-14. The shares were transferred at $0.00 per share to a charitable organization.
Was the SouthState Bank Corp (SSB) insider transaction a purchase or sale?
The transaction was neither a market purchase nor sale; it was a bona fide gift coded as G. The Form 4 describes it as a gift transfer to a charitable organization at $0.00 per share.
Who is the insider involved in the SouthState Bank Corp (SSB) Form 4 filing?
The insider is Richard IV Murray, who serves as President of SouthState Bank Corp. He reported a bona fide gift of 1,000 Common Stock shares and now directly holds 55,237 shares.
Does the SouthState Bank Corp (SSB) Form 4 indicate transactions under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating that the gift transaction was made under a 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
