Form 4: SouthState Corp Director Acquires Shares in Lieu of Cash Retainer
SEC Form 4 Filing
Douglas J. Hertz, a director of SouthState Corp, acquired 427 shares of common stock in lieu of a quarterly cash retainer payment on February 13, 2025.
Summary
- On February 13, 2025, Douglas J. Hertz, a director of SouthState Corp, acquired 427 shares of common stock.
- The acquisition was in lieu of a quarterly cash retainer payment.
- The price of the stock was $102.66 per share.
- Following the transaction, Hertz directly owns 15,329 shares of SouthState Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of transaction: Acquisition of 427 shares of common stock. |
| 02/18/2025 | Date of signature on the Form 4 filing. |
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