Form 4: SouthState Bank President Gifts Shares
Insider Transaction Report
SouthState Bank Corp. President Richard IV Murray reported gifting 170 shares of common stock to a charitable organization.
Summary
- Richard IV Murray, President of SouthState Bank Corp. (SSB), reported a transaction involving the company's common stock.
- On December 10, 2025, Murray disposed of 170 shares of common stock.
- The transaction was a bona fide gift to a charitable organization, with a reported price of $0.00 per share.
- Following this transaction, Murray beneficially owns 60,628 shares of SouthState Bank Corp. common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (a gift of shares) which is neutral in terms of company performance or outlook. It does not convey positive or negative sentiment regarding the company's operations or financial health.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing is a standard insider transaction report (Form 4), which provides transparency into stock ownership changes by company officers, directors, and significant shareholders. Such transactions are common and typically reflect personal financial planning rather than a direct commentary on the company's operational performance or strategic direction. A gift of a small number of shares is generally not indicative of broader industry trends.
Stakeholder Impact
- Shareholders: A minor reduction in insider ownership, but the amount is negligible relative to total outstanding shares and overall insider holdings, thus having minimal impact on shareholder sentiment or company control.
Key Dates
| Date | Description |
|---|---|
| 12/10/2025 | Transaction Date: Disposal of 170 shares of common stock as a gift. |
| 12/11/2025 | Signature Date of the reporting person (via power of attorney). |
Keywords
SouthState Bank Corp, SSB, Richard IV Murray, Insider Transaction, Form 4, Common Stock, Charitable Gift
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