SouthState (SSB) Director David R. Brooks Sells 24,650 Shares

What Happened
David R. Brooks, a director of SouthState Bank Corp (SSB), sold a total of 24,650 shares in multiple open-market transactions on August 5, 2026. The sales were executed at $110.00 per share, yielding aggregate proceeds of approximately $2,711,500. These were disposals (sales), not purchases.

Key Details

• Transaction date: 2026-08-05 (reported on Form 4 filed 2026-08-07).
• Sales executed: 18,000 shares ($1,980,000); 1,800 shares ($198,000); 1,100 shares ($121,000); 3,750 shares ($412,500). Total: 24,650 shares for $2,711,500.
• Price per share: $110.00 (each lot).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: Sale executed under an existing Rule 10b5-1 trading plan (prearranged plan).
• Filing timeliness: Form 4 was filed two days after the transactions (appears timely under standard reporting rules).

Context
Sales under a 10b5-1 plan are prearranged and often reflect pre-set divestiture schedules rather than a director’s near-term view of the stock; sales are generally considered less informative than purchases for gauging insider sentiment. This filing records straightforward open-market disposals, not option exercises, gifts, or awards.