Form 4: SouthState Corp Director G. Stacy Smith Acquires 3,100 Shares
SEC Form 4 Filing
Director G. Stacy Smith purchased 3,100 shares of SouthState Corp (SSB) at $93.60 per share on March 6, 2025, increasing their direct holdings to 36,779 shares.
Summary
- On March 6, 2025, G. Stacy Smith, a director of SouthState Corp (SSB), acquired 3,100 shares of common stock.
- The purchase price was $93.60 per share.
- Following the transaction, Smith directly owns 36,779 shares of SouthState Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 6
Explanation: A director purchasing shares is generally a mildly positive signal, suggesting confidence in the company's prospects. However, the impact is limited as it's a single transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally viewed more favorably than sales.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: G. Stacy Smith purchased 3,100 shares of SouthState Corp. |
| 03/06/2025 | Date of signature for the Form 4 filing. |
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