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SSB Form 4: Chief Strategy Officer gifts 2,750 shares to charity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Stephen Dean Young, Chief Strategy Officer and director of SouthState Corp (SSB), reported a non‑derivative transaction on 08/28/2025 disposing of 2,750 shares of common stock as a bona fide gift to a charitable organization. After the reported transaction he beneficially owned 46,534 shares. The Form 4 was filed individually and executed by William E. Matthews, V, CFO, under power of attorney. The filing discloses no option or derivative activity and lists the disposition price as $0.00, consistent with a charitable gift.

Positive

  • Transaction is a charitable gift, indicating philanthropic intent rather than a market sale
  • Prompt and clear disclosure with transaction date and post‑transaction ownership provided
  • No derivative activity reported, simplifying ownership and disclosure profile

Negative

  • Insider ownership decreased by 2,750 shares, reducing direct beneficial stake to 46,534 shares
  • Disposition reported at $0.00, which confirms a gift rather than cash proceeds

Insights

TL;DR: Insider donated shares to charity; disclosure is routine and non‑compensatory.

The Form 4 documents a charitable disposition rather than a sale for cash, which typically reflects personal philanthropic activity rather than signaling company operational concerns. The reporting person remains a significant equity holder with 46,534 shares following the gift. The transaction was filed promptly and executed under a power of attorney, indicating proper procedural compliance.

TL;DR: Small, disclosed insider disposition; limited likely market impact.

The disposition of 2,750 shares on 08/28/2025 reduces the reporting person’s direct beneficial holdings but is recorded as a charitable gift at a $0.00 price, not a market sale. No derivative positions or additional compensatory transactions are reported. From an investor materiality standpoint this appears routine and informational; the filing contains clear transaction coding and ownership totals.

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*
YOUNG STEPHEN DEAN

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Strategy Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025
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 08/28/2025 08/28/2025 G(1) 2,750 D $0.00 46,534 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:
1. Bona fide gift to a charitable organization.
Remarks:
William E. Matthews, V, CFO, pursuant to power of attorney 08/28/2025
** 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

What did Stephen Dean Young (SSB) report on 08/28/2025?

He reported the disposition of 2,750 shares of SouthState Corp common stock as a bona fide gift to a charitable organization.

How many SouthState (SSB) shares does Stephen Dean Young own after the transaction?

Following the reported transaction he beneficially owned 46,534 shares.

Was the 08/28/2025 transaction a sale or a gift?

The Form 4 lists the disposition as a bona fide gift with a price of $0.00, indicating a charitable donation rather than a cash sale.

Who signed the Form 4 for Stephen Dean Young?

The form shows execution by William E. Matthews, V, CFO pursuant to power of attorney on 08/28/2025.

Does the filing report any derivative securities activity?

No; Table II for derivative securities contains no reported transactions.
SouthState Bank

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WINTER HAVEN