Form 4: SouthState Corp Executive Renee R. Brooks Reports Gift of Shares to Charity
SEC Form 4
Renee R. Brooks, Chief Operating Officer of SouthState Corp, reported gifting a total of 1,510 shares of common stock to charitable organizations in two separate transactions.
Summary
- On March 15, 2024, Renee R. Brooks, the Chief Operating Officer of SouthState Corp, gifted 605 shares of common stock to a charitable organization.
- On March 19, 2024, Ms. Brooks gifted an additional 905 shares of common stock to a charitable organization.
- Both transactions were reported on Form 4, filed with the SEC.
- Following these transactions, Ms. Brooks directly owns 34,707 shares of SouthState Corp common stock.
Sentiment
Score: 6
Explanation: The document is neutral, reporting a routine transaction. The gifts to charity could be seen as slightly positive.
Industry Context
Executive stock gifts are a common practice and can be viewed positively as a form of corporate social responsibility, though the impact on the stock is usually minimal.
Stakeholder Impact
- The gifts to charity may have a minor positive impact on the company's reputation.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Renee R. Brooks gifted 605 shares of common stock to a charitable organization. |
| 03/19/2024 | Renee R. Brooks gifted 905 shares of common stock to a charitable organization. |
| 03/19/2024 | Date of signature for the Form 4 filing. |
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