SouthState (SSB) Insider Buy Signals Confidence with $231k Trade

Rhea-AI Filing Summary

SouthState Corp (SSB) filed a Form 4 disclosing that director G. Stacy Smith purchased 2,500 common shares on 08/01/2025 at $92.30 each (transaction code P). The ~$231k buy lifts Smith’s direct holding to 39,546 shares, an increase of roughly 7 % from the prior level. No derivative positions or insider sales were reported, and the filing does not reference a Rule 10b5-1 trading plan.

Director buying can serve as a modest positive sentiment indicator, yet the dollar amount is immaterial relative to SouthState’s market capitalization and has no direct effect on earnings, capital ratios or strategy. The event is therefore best viewed as a limited confidence signal rather than a market-moving catalyst.

Positive

• Director insider purchase of 2,500 shares at $92.30 (~$231k) raises ownership to 39,546 shares, indicating incremental confidence.

Negative

• None.

Insights

Securities Analyst

TL;DR: Small open-market insider purchase; mildly bullish signal but unlikely to influence SSB valuation.

The 2,500-share buy (~$231k) by Director G. Stacy Smith boosts personal holdings to 39,546 shares. Insider purchases generally align interests and can foreshadow optimism, yet the size represents a fraction of average daily volume and does not alter float or capital structure. With no accompanying strategic disclosure, I regard the filing as non-material to near-term fundamentals, though it adds a slight positive tone to insider sentiment.

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMITH G STACY

(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 Corp [ SSB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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	08/01/2025	08/01/2025	P		2,500	A	$92.3	39,546	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:

Remarks:

	William E. Matthews, V, CFO, pursuant to power of attorney	08/04/2025
	** 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

How many SouthState (SSB) shares did Director G. Stacy Smith purchase?

Smith purchased 2,500 common shares.

What price was paid for the SSB shares on 08/01/2025?

The shares were bought at $92.30 per share.

What is the director's total direct ownership after the transaction?

Smith now directly owns 39,546 SouthState shares.

What does transaction code "P" signify in Form 4?

Code P indicates an open-market or private purchase of the issuer’s securities.

Were any derivative securities involved in this filing?

No, the Form 4 lists no derivative securities acquired or disposed.

Was the purchase made under a Rule 10b5-1 trading plan?

The filing does not indicate that the trade was executed under a 10b5-1 plan.