Form 4: SouthState Corp Executive Daniel E. Bockhorst Sells 2,500 Shares
SEC Form 4 Filing
Daniel E. Bockhorst, Chief Credit Officer of SouthState Corp, sold 2,500 shares of common stock at $100 per share on September 18, 2024.
Summary
- On September 18, 2024, Daniel E. Bockhorst, the Chief Credit Officer of SouthState Corp, sold 2,500 shares of the company's common stock.
- The transaction was executed at a price of $100 per share.
- Following the transaction, Bockhorst directly owns 33,328 shares of SouthState Corp.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document simply reports a transaction. It's neutral in sentiment as it doesn't inherently indicate positive or negative news about the company's performance.
Industry Context
Insider transactions are routinely monitored by investors as they can provide signals, though not always definitive, about a company's prospects. A sale by an executive could be for personal financial reasons and not necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The sale of shares by a company executive may cause some investors to re-evaluate their positions in the company.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Date of the stock sale transaction |
| 09/18/2024 | Date of the Form 4 filing |
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