Form 4: Southern States Bancshares Director Christine Hunsaker Disposes of Shares
SEC Form 4 Filing
Director Christine Hunsaker of Southern States Bancshares disposed of 63 common shares on December 13, 2024.
Summary
- Christine Hunsaker, a director at Southern States Bancshares, disposed of 63 common shares on December 13, 2024.
- The transaction was a disposal, and the price per share was $0.
- Following the transaction, Ms. Hunsaker directly owns 1,694 common shares.
Sentiment
Score: 5
Explanation: The document is a routine filing of a share disposal by a director, which is neither positive nor negative in itself. It is a neutral event.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It is a routine disclosure and does not indicate any specific trend in the banking industry.
Comparison to Industry Standards
- Form 4 filings are a standard practice for all publicly traded companies in the US.
- The transaction is small in scale and does not indicate any significant trend compared to other similar filings.
- The disposal of 63 shares is not unusual for a director and is not comparable to large scale institutional trading.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 12/13/2024 | Date of the share disposal transaction. |
| 01/29/2025 | Date of signature for the filing. |
Keywords
Southern States Bancshares, director, share disposal, insider trading, SSBK, common stock
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