Form 4: SouthState Corp Executive Renee R. Brooks Reports Stock Transactions
SEC Form 4 Filing
Renee R. Brooks, Chief Operating Officer of SouthState Corp, reports exercising stock options and disposing of shares to cover the exercise.
Summary
- On August 28, 2024, Renee R. Brooks, the Chief Operating Officer of SouthState Corp, exercised incentive stock options, acquiring 4,965 shares of common stock at a price of $62.46.
- Also on August 28, 2024, Brooks disposed of 3,403 shares of common stock at a price of $95.91 to cover the exercise of the incentive stock options.
- Following these transactions, Brooks directly owns 36,269 shares of SouthState Corp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It's a standard practice in publicly traded companies to ensure fair market practices.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of stock option exercise and share disposal |
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