SouthState Bank Corp (SSB) officer reports 200-share stock gift to adult child
Rhea-AI Filing Summary
SouthState Bank Corp's chief credit officer reported an insider stock gift. On 12/16/2025, the officer transferred 200 shares of SouthState Bank Corp common stock, coded “G” for gift, to an adult child at a stated price of $0.00 per share.
After this transaction, the officer directly beneficially owns 31,385 shares of SouthState Bank Corp common stock. The explanation clarifies that the adult child has full ownership and control of the gifted shares and that the reporting person retains no ownership or control.
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FAQ
What insider transaction did SouthState Bank Corp (SSB) report in this Form 4?
A SouthState Bank Corp chief credit officer reported a gift of 200 shares of the company’s common stock to an adult child on 12/16/2025.
How many SSB shares were gifted and at what price?
The officer gifted 200 shares of SouthState Bank Corp common stock at a stated price of $0.00 per share, consistent with a non-cash gift.
What is the officer’s remaining ownership in SouthState Bank Corp after the gift?
Following the reported transaction, the officer directly beneficially owns 31,385 shares of SouthState Bank Corp common stock.
What does the transaction code "G" mean in this SouthState Bank Corp (SSB) filing?
The transaction is labeled with code “G”, which in this context indicates a gift of securities rather than a purchase or sale.
Who controls the gifted SouthState Bank Corp shares after the transaction?
The explanation states that the shares were gifted to the reporting person’s adult child, who has full ownership and control, and the reporting person retains no ownership or control.
What is the relationship of the reporting person to SouthState Bank Corp (SSB)?
The reporting person is an officer of SouthState Bank Corp, serving as the company’s Chief Credit Officer.