Form 4: SouthState Corp Executive Sells 6,904 Shares
SEC Form 4
Renee R. Brooks, Chief Operating Officer of SouthState Corp, sold 6,904 shares of common stock at a price of $110 per share on December 2, 2024.
Summary
- Renee R. Brooks, the Chief Operating Officer of SouthState Corp, sold 6,904 shares of the company's common stock on December 2, 2024.
- The sale was executed at a price of $110 per share.
- Following the transaction, Ms. Brooks directly owns 29,365 shares of SouthState Corp.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale, with no inherent positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider trading activities.
- The sale by Renee R. Brooks is similar to other insider transactions reported by executives at comparable financial institutions.
Stakeholder Impact
- The sale of shares by a company executive may be of interest to shareholders, but is a normal part of executive compensation and portfolio management.
Key Dates
| Date | Description |
|---|---|
| 12/02/2024 | Date of the stock sale transaction. |
| 12/03/2024 | Date the form was signed. |
Keywords
SouthState Corp, insider trading, stock sale, Renee R. Brooks, SSB, Chief Operating Officer
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