Form 4: SouthState Corp CFO William E. Matthews V Sells 5,000 Shares
SEC Form 4
William E. Matthews V, CFO of SouthState Corp, sold 5,000 shares of common stock at $100 per share on September 20, 2024.
Summary
- On September 20, 2024, William E. Matthews V, the Chief Financial Officer of SouthState Corp, sold 5,000 shares of the company's common stock.
- The transaction was executed at a price of $100 per share.
- Following the sale, Matthews directly owns 36,964 shares of SouthState Corp.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management. The market may interpret insider selling as a lack of confidence in the company's future prospects, but it can also be due to personal financial planning.
Stakeholder Impact
- Shareholders may react to the news of the CFO selling shares, although the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 09/20/2024 | Date of stock sale transaction |
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