Executive Parts Ways With 4,000 Shares of Regional Bank Stock, Following 11% Rally
Key Points
The transaction involved 4,000 shares sold at $108.93 per share for a total value of ~$436,000.
The disposition reduced the executive's direct stake in the company by 9%.
Following this direct sale, the insider holds 40,568 shares of common stock in a direct capacity.
The disposal was executed while the stock maintained an 11% one-year return as of the August 19, 2026 transaction date.
William E. V. Matthews, Chief Financial Officer of SouthState Bank Corporation (NYSE:SSB), reported a sale of 4,000 shares of common stock on Aug. 19, 2026, according to a recent SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | ~$436,000 |
| Shares sold | 4,000 |
| Post-transaction shares (directly held) | 40,568 |
| Post-transaction value | $4.35 million |
Transaction value based on SEC Form 4 weighted average sale price ($108.93); post-transaction value based on Aug. 19, 2026, market close ($107.14).
Key questions
- What is the scale of the insider's remaining interest in the company?
Following the sale, the Chief Financial Officer maintains a direct equity position of 40,568 shares in the Winter Haven-based regional bank, which employs 6,431 people. - How does this disposal relate to the company's total market valuation?
The executive's remaining direct holdings represent a 0.04% ownership interest in the bank holding company, which has a total market capitalization of $10.7 billion. - At what price levels was the transaction executed relative to recent market activity?
The shares were sold at $108.93 per share, while the stock was priced at $110.09 as of the Aug. 18, 2026, market close on the preceding trading day. - Are there any indirect holdings or derivative interests associated with this insider?
The current filing indicates that the officer's entire equity interest is held directly, with no shares held indirectly through trusts or other legal entities and no derivative securities reported in this transaction.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-18) | $110.09 |
| Market Capitalization | $10.7 billion |
| Revenue (TTM) | $3.2 billion |
| Net Income (TTM) | $950.2 million |
Company Snapshot
- SouthState Bank Corporation provides comprehensive retail and commercial banking services through its subsidiary, SouthState Bank, National Association, including checking and savings accounts, money market accounts, certificates of deposit, and interest-bearing transaction accounts, as well as bond accounting services for correspondent banks.
- The company generates revenue through net interest income from lending and deposit products, as well as non-interest income from service charges, fees, and other banking services provided to its customer base across the United States.
- SouthState Bank serves both individual consumers and commercial enterprises, positioning itself as a regional banking provider focused on community and mid-market clients across its operating footprint.
SouthState Bank Corporation is a regional bank holding company with a market capitalization of $10.7 billion and TTM revenue of $3.2 billion, demonstrating substantial scale in the regional banking sector. The company's net income of $950.2 million reflects a net profit margin of approximately 29.7%, indicating strong operational efficiency and profitability. As a diversified financial services provider, SouthState Bank competes through its comprehensive product suite, correspondent banking relationships, and regional market presence, serving approximately 6,431 employees across its operations.
What this transaction means for investors
As always, it's important for investors to put insider transactions in context. In this case, the executive in question sold approximately 10% of his total holdings of the company's stock. To get a true understanding of whether SouthState Bank (SSB) stock is a buy or a sell, we must examine its fundamentals.
Firstly, let's note that SSB stock has delivered performance over the last five years that very closely tracks the broader market, as measured by the S&P 500. SSB stock has generated a total return of 76%, equating to a compound annual growth rate (CAGR) of 12%. The S&P 500, meanwhile, has delivered a total return of 85% over the same period, with a CAGR of 13.1%.
As for its fundamentals, SouthState has provided solid, but not exceptional, numbers recently. Net interest margin (NIM), a key figure for a regional bank like SSB, held steady at 3.78% in its latest quarter. Similarly, earnings per share (EPS) were $2.35, only slightly ahead of consensus estimates. Management announced an increase in the company's quarterly dividend, raising it from $0.60 to $0.66. SSB's current dividend yield stands at around 2.5%.
The company's geographic footprint in the Southeastern U.S. spans some of the fastest-growing states in the country, including Florida, Texas, Georgia, and North Carolina. All in all, SSB is a regional bank worth considering for investors seeking exposure to mid-cap financial stock.
Jake Lerch has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.