Vanguard reports 0% stake in SouthState Bank Corp
The Vanguard Group amended its Schedule 13G filing for SOUTHSTATE BANK CORP (SSB) to report zero beneficial ownership.
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Rhea-AI Filing Summary
The Vanguard Group amended its Schedule 13G filing for SOUTHSTATE BANK CORP (SSB) to report zero beneficial ownership. The filing states that due to an internal realignment effective January 12, 2026, certain Vanguard subsidiaries will report holdings separately and Vanguard no longer is deemed to beneficially own securities previously reported by those units. The amendment lists 0 shares beneficially owned and 0% of the class, with no voting or dispositive power.
Insights
Vanguard reports no beneficial ownership after internal realignment.
The amendment explains an internal reorganization effective January 12, 2026, causing certain subsidiaries or business divisions to report holdings separately under SEC Release No. 34-39538. The filing shows 0 shares and 0% ownership for The Vanguard Group in SouthState Bank Corp.
This change is administrative: it alters who is listed as beneficial owner in public filings rather than indicating a market trade. Subsequent filings by the named subsidiaries may show beneficial positions previously aggregated under Vanguard.
FAQ
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What does The Vanguard Group's amendment mean for SSB ownership?
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Who signed the amendment for The Vanguard Group on SSB?
AI-generated analysis. How Rhea-AI works. Not financial advice.