Form 4: SouthState Corp Director Shantella E. Cooper Acquires Shares in Lieu of Cash Retainer

Director Shantella E. Cooper acquired 244 shares of SouthState Corp common stock in lieu of a quarterly cash retainer payment on November 5, 2024.

Summary

• On November 5, 2024, Shantella E. Cooper, a director of SouthState Corp, acquired 244 shares of common stock.
• The acquisition was in lieu of a quarterly cash retainer payment.
• The price per share was $97.73.
• Following the transaction, Cooper directly owns 7,390 shares of SouthState Corp common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reports a standard transaction. The director acquiring shares in lieu of cash compensation can be seen as a positive sign, but it's a routine event.

Positives

• Director's acquisition of shares demonstrates confidence in the company.

Industry Context

This is a routine Form 4 filing, reflecting a director's acquisition of company stock, which is a common occurrence in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows director alignment with company performance.

Key Dates