SouthState (SSB) COO gifts 2,128 common shares to charity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SouthState Bank Corp Chief Operating Officer Renee R. Brooks reported a bona fide gift of 2,128 shares of common stock to a charitable organization. The transfer carried no sale price and is classified as a gift disposition, not an open-market sale. Following the gift, she directly holds 37,854 shares of SouthState common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,128 shares gifted
Mixed
1 txn
Insider
BROOKS RENEE R
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,128 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,854 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SouthState (SSB) COO Renee R. Brooks report?
Renee R. Brooks reported a bona fide gift of 2,128 shares of SouthState common stock. The Form 4 classifies this as a gift disposition to a charitable organization, with no sale price and no indication of an open-market transaction.
Was the SouthState (SSB) COO’s Form 4 transaction a sale or a gift?
The transaction was a bona fide gift, not a sale. The Form 4 uses transaction code G, indicating a gift transfer of 2,128 common shares to a charitable organization, with a reported price per share of 0.0000, showing no sale proceeds were received.
Does the SouthState (SSB) COO’s gift transaction involve any derivative securities?
The reported transaction involves only non-derivative common stock. The derivative section in the insider data is empty, indicating no options, warrants, or other derivative securities were exercised or converted in connection with this bona fide gift of 2,128 shares.