Form 4: Southern States Bancshares Director Acquires Shares and Disposes of Shares in Recent Transaction

Director Cynthia S. McCarty reports acquiring 905 shares of Southern States Bancshares and disposing of 5,709 shares in a recent transaction.

Summary

• On February 19, 2025, Cynthia S. McCarty, a director of Southern States Bancshares, Inc. [SSBK], acquired 905 shares of common stock at $0 per share.
• On the same day, McCarty disposed of 5,709 shares of common stock.
• Following these transactions, McCarty directly owns 5,709 shares of common stock.
• McCarty also indirectly owns 2,000 shares through her spouse, Patrick M. McCarty.

Sentiment

Score: 5

Explanation: This Form 4 filing is a routine disclosure of stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the director's holdings.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers. These filings are closely watched by investors as they can provide insights into management's view of the company's prospects.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into the director's investment activity in the company.

Key Dates

Keywords

Southern States Bancshares, SSBK, Form 4, Beneficial Ownership, Director, Cynthia S. McCarty, Stock Acquisition, Stock Disposal