Form 4: SouthState Corp CFO William E. Matthews V Reports Gift of 200 Shares

SouthState Corp's Chief Financial Officer, William E. Matthews V, reported a gift of 200 common stock shares to a charitable organization.

Summary

• William E. Matthews V, the Chief Financial Officer of SouthState Corp, reported a transaction on November 27, 2024.
• The transaction involved a gift of 200 shares of SouthState Corp common stock to a charitable organization.
• The shares were gifted at a price of $0.00 per share.
• Following the transaction, Mr. Matthews directly owns 36,764 shares of SouthState Corp common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a routine insider transaction. It does not indicate any positive or negative sentiment towards the company.

Industry Context

This is a routine disclosure of an insider transaction, which is common for publicly traded companies. It does not indicate any specific trend or issue within the banking industry.

Comparison to Industry Standards

• Insider transactions are a normal part of corporate governance and are regularly reported by executives in all publicly traded companies.
• The gifting of shares to a charitable organization is not unusual and is often part of personal financial planning for executives.
• The number of shares gifted is relatively small compared to the total holdings of the CFO, and is not indicative of any significant change in his position or outlook on the company.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small gift of shares by an executive.
• There is no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

SouthState Corp, William E. Matthews V, CFO, stock gift, charitable donation, insider transaction, common stock