4Filed Aug 3, 8:00 PM ET

SouthState Bank (SSB) Director David R. Brooks Sells 6,181 Shares

$SSB · SouthState Bank Corp

Research Summary

AI-generated summary of this SEC filing

Updated

SouthState Bank (SSB) Director David R. Brooks Sells 6,181 Shares

What Happened

David R. Brooks, a director of SouthState Bank Corp (ticker: SSB), sold 6,181 shares in an open-market transaction on August 3, 2026. The shares were disposed at $107.92 per share for aggregate gross proceeds of $667,054. This was a sale (not a purchase); sales by insiders are often routine transactions and do not necessarily indicate a change in company outlook.

Key Details

  • Transaction date: 2026-08-03
  • Price per share: $107.92
  • Shares sold: 6,181 — Gross proceeds: $667,054
  • Transaction type/code: Open-market sale (S)
  • Filing date: 2026-08-04 (reported the next day; appears timely)
  • Shares owned after transaction: Not specified in the provided filing excerpt
  • Notable footnotes: No 10b5-1 plan, tax-withholding, or other special footnotes disclosed in the supplied data

Context

  • This report reflects a director-level open-market sale. Such sales can stem from routine portfolio or tax planning rather than a view on company fundamentals.
  • Purchases typically carry more weight as a bullish signal; no purchases or option exercises were reported for this filer in the provided data.