Form 4: SouthState Corp Chief Credit Officer Sells 3,000 Shares

Daniel E. Bockhorst, Chief Credit Officer of SouthState Corp, sold 3,000 shares of common stock at $110 per share on November 11, 2024.

Summary

• Daniel E. Bockhorst, the Chief Credit Officer of SouthState Corp, sold 3,000 shares of the company's common stock on November 11, 2024.
• The sale was executed at a price of $110 per share.
• Following the transaction, Mr. Bockhorst directly owns 30,328 shares of SouthState Corp.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, which is a common occurrence. There is no indication of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The sale by the Chief Credit Officer is not unusual, as executives often sell shares for personal financial management.

Stakeholder Impact

• The sale of shares by a company officer may be of interest to shareholders, but it is a routine transaction and not necessarily indicative of the company's performance.

Key Dates

Keywords

SouthState Corp, insider trading, stock sale, Daniel E. Bockhorst, Chief Credit Officer, SSB