Form 4: Director Acquires SouthState Bank Corp Stock
Insider Transaction Filing
SouthState Bank Corp Director William K. Pou Jr. acquired 260 shares of common stock valued at $96.46 per share.
Summary
- William K. Pou Jr., a Director at SouthState Bank Corp, acquired 260 shares of common stock on May 4, 2026.
- The acquisition was made in lieu of a quarterly cash retainer payment.
- The transaction price was $96.46 per share, totaling an acquisition value of $25,079.60.
- Following this transaction, Mr. Pou beneficially owns 24,343 shares of common stock directly.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents an insider increasing their stake, but it's a routine transaction in lieu of compensation rather than a new investment.
Positives
- Director William K. Pou Jr. has increased his direct beneficial ownership of SouthState Bank Corp common stock.
- The acquisition demonstrates a commitment from a key insider to the company's equity.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it solely reports a past transaction.
Industry Context
StockSavvy.ai notes that insider stock acquisitions, especially by directors, can be viewed positively by the market as they signal confidence in the company's future prospects within the banking sector.
Stakeholder Impact
- Shareholders: May view the director's increased ownership positively, indicating confidence in the company's value.
- Employees: The transaction itself does not directly impact employees, but it reflects a director's commitment to the company's financial health.
Key Dates
| Date | Description |
|---|---|
| 05/04/2026 | Transaction Date for acquisition of common stock. |
| 05/04/2026 | Deemed Execution Date for the transaction. |
| 05/05/2026 | Date of signature by William E. Matthews, V, CFO, pursuant to power of attorney. |
Keywords
SouthState Bank Corp, SSB, Form 4, Insider Transaction, Director, Common Stock, Beneficial Ownership
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