SSB Form 4: Chief Strategy Officer Gifts 2,750 Shares, Holdings 43,784
Stephen D. Young, Chief Strategy Officer and Director of SouthState Bank Corp (SSB), reported a non‑derivative transaction on 09/18/2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Stephen D. Young, Chief Strategy Officer and Director of SouthState Bank Corp (SSB), reported a non‑derivative transaction on 09/18/2025. The filing shows a disposal of 2,750 shares of common stock as a bona fide gift to a charitable organization at a reported price of $0.00, leaving Mr. Young with 43,784 shares beneficially owned after the transaction.
The Form 4 was signed by the company CFO pursuant to power of attorney. No options, derivatives, or other transactions are reported on this form. The filing contains only the disclosure of the charitable gift and the resulting share count.
Positive
- None.
Negative
- Insider disposal reported: Stephen D. Young disposed of 2,750 shares as a charitable gift, reducing his beneficial ownership to 43,784 shares as of 09/18/2025.
Insights
TL;DR: Insider reported a charitable gift of 2,750 shares, reducing direct holdings to 43,784 shares; transaction appears non‑cash and non‑market.
The Form 4 discloses a non‑market disposal coded as a bona fide charitable gift, recorded at $0.00, which does not provide proceeds or market pressure. For investors, this is a disclosure of insider holding change but contains no indication of trading for liquidity or diversification. The remaining holding level is explicitly stated; no derivatives or other compensatory transactions are included. Material impact on valuation is likely limited given the nature of the gift, absent information on percentage ownership or stake size relative to outstanding shares.
TL;DR: Governance disclosure is routine and properly filed; transaction documented as a charitable gift and executed via power of attorney.
The filing follows Section 16 reporting requirements by identifying the reporting person, relationship to the issuer, transaction code G(1) for bona fide gift, and post‑transaction beneficial ownership. The signature by the CFO under power of attorney indicates administrative handling consistent with practice. There are no red flags within the document text such as late reporting or unexplained transfers; the record is a routine insider disclosure rather than a governance concern.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,750 | $0.00 | $0.00 |
Footnotes (1)
- F1. Bona fide gift to a charitable organization.
FAQ
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What transaction did Stephen D. Young report on Form 4 for SSB?
What is the relationship of the reporting person to SouthState Bank Corp (SSB)?
Was the Form 4 signed directly by the reporting person?
Does the Form 4 show any derivative transactions or option exercises for SSB?
AI-generated analysis. How Rhea-AI works. Not financial advice.