Report of Proposed Sale of Securities (144)
| Form 144 Filer Information | UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 |
Form 144 |
| Name of Issuer | SouthState Corp |
| SEC File Number | 001-12669 |
| Address of Issuer | 1101 FIRST STREET SOUTH, SUITE 202
WINTER HAVEN
FLORIDA
33880 |
| Phone | 8632934710 |
| Name of Person for Whose Account the Securities are To Be Sold | POLLOK JOHN C |
| See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. |
| Relationship to Issuer | - Director
|
| Record | Title of the Class of Securities To Be Sold | Name and Address of the Broker | Number of Shares or Other Units To Be Sold | Aggregate Market Value | Number of Shares or Other Units Outstanding | Approximate Date of Sale | Name the Securities Exchange |
|---|
| #1 | Common Stock | Computershare
250 Royall Street
Canton
MASSACHUSETTS
02021 | 35,700 | $2,753,500.00 | 75,704,563 | 01/30/2023 | NASDAQ |
| #2 | Common Stock | Fidelity Investments
PO BOX 770001
Cincinnati
OHIO
45277 | 9,300 | $717,300.00 | 75,704,563 | 01/30/2023 | NASDAQ |
Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:
| Record | Title of the Class | Date you Acquired | Nature of Acquisition Transaction | Name of Person from Whom Acquired | Is this a Gift? | Date Donor Acquired | Amount of Securities Acquired | Date of Payment | Nature of Payment * |
|---|
| #1 | Common Stock | 08/13/2009 | Vested equity awards | SouthState Corp. | ☐ | — | 45,000 | 08/13/2009 | Equity compensation |
* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
| Remarks | 45,000 securities to be sold were acquired through various equity awards with various acquisition dates. The 8/13/2009 date listed under 'Securities to be Sold' table above was the date after which the filing person had a greater than 45,000 shares beneficially owned total. |
| Date of Notice | 01/30/2023 |
ATTENTION: |
| The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. |
| Signature | John C. Pollok |
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001) |
SouthState (NASDAQ:SSB)
Historical Stock Chart
Von Jul 2024 bis Aug 2024
SouthState (NASDAQ:SSB)
Historical Stock Chart
Von Aug 2023 bis Aug 2024
News Southstate Corp
| Form 4 - Statement of changes in beneficial ownership of securitiesDienstag 20 August 2024 (1 Tag vor) • Edgar (US Regulatory) |
| Form 4 - Statement of changes in beneficial ownership of securitiesDienstag 20 August 2024 (1 Tag vor) • Edgar (US Regulatory) |
| Form 425 - Prospectuses and communications, business combinationsFreitag 26 Juli 2024 (4 Wochen vor) • Edgar (US Regulatory) |
| SouthState Corporation adds Merriann Metz, Publix General Counsel and Chief Compliance Officer, to BoardDonnerstag 25 Juli 2024 (4 Wochen vor) • PR Newswire (US) |
| Form S-4 - Registration of securities, business combinationsDonnerstag 27 Juni 2024 (2 Monate vor) • Edgar (US Regulatory) |
| Form 11-K - Annual report of employee stock purchase, savings and similar plansFreitag 21 Juni 2024 (2 Monate vor) • Edgar (US Regulatory) |
| Form 4 - Statement of changes in beneficial ownership of securitiesDonnerstag 13 Juni 2024 (2 Monate vor) • Edgar (US Regulatory) |
| Form 425 - Prospectuses and communications, business combinationsMontag 20 Mai 2024 (3 Monate vor) • Edgar (US Regulatory) |
| Form 8-K - Current reportMontag 20 Mai 2024 (3 Monate vor) • Edgar (US Regulatory) |
| SouthState Corporation to Acquire Texas-based Independent Bank Group, Inc.Montag 20 Mai 2024 (3 Monate vor) • PR Newswire (US) |
| Form 10-Q - Quarterly report [Sections 13 or 15(d)]Freitag 3 Mai 2024 (4 Monate vor) • Edgar (US Regulatory) |
| Form 4 - Statement of changes in beneficial ownership of securitiesDonnerstag 2 Mai 2024 (4 Monate vor) • Edgar (US Regulatory) |
Weitere Southstate Corp News-Artikel
FAQs
Form 144 must be filed with the SEC by an affiliate as a notice of the proposed sale of securities when the amount to be sold under Rule 144 during any three-month period exceeds 5,000 shares or units or has an aggregate sales price in excess of $50,000.
What does Form 144 mean in stocks? ›
SEC Form 144: Notice of Proposed Sale of Securities is filed with the Securities and Exchange Commission or SEC when placing an order to sell that company's stock under specific circ*mstances.
Who is required to file a Form 144? ›
What is SEC Form 144? Form 144 is a mandatory SEC filing for those intending to sell restricted or control securities. Restricted securities stem from private sales, whereas control securities belong to affiliates such as directors or large shareholders.
What is the Rule 144 for stock sales? ›
Rule 144 provides an exemption and permits the public resale of restricted or control securities if a number of conditions are met, including how long the securities are held, the way in which they are sold, and the amount that can be sold at any one time.
Is Form 144 bullish or bearish? ›
Form 144 filings indicate insider selling and therefore can trigger a bearish reaction in the underlying stock. SEC filings can be very significant for traders that are dedicated enough to digging through them in a timely manner.
What is a 144 report of proposed sale of securities? ›
Form 144 must be filed with the SEC by an affiliate as a notice of the proposed sale of securities when the amount to be sold under Rule 144 during any three-month period exceeds 5,000 shares or units or has an aggregate sales price in excess of $50,000.
What is the Rule 144 for dummies? ›
Basically, if you are an executive for the issuer or own a bunch of their stock, you're considered an insider (affiliate). Rule 144 regulates this type of stock and prevents insiders from selling significant amounts of their shares quickly. This part of Rule 144 is referred to as the “dribble” rule.
Who completes Form 144? ›
Answer: The reporting person or the person's authorized agent –including a broker-dealer, lawyer, or filing agent – may submit the electronic Form 144 on EDGAR.
Is Form 144 filed before or after sale? ›
Form 144 includes a timeline. This form must be filed by the time the shares are put up for sale, and the sale must take place within 90 days of the filing of this form.
How do I submit Form 144? ›
How is Form 144 filed electronically on the EDGAR system? To file Form 144 electronically, affiliates must have EDGAR Filing Codes, including a Central Index Key (CIK). The form is submitted through the EDGAR system in a structured data format, ensuring compliance with SEC requirements.
Section 144 is imposed in urgent cases of nuisance or apprehended danger of some event that has the potential to cause trouble or damage to human life or property. Section 144 of CrPC generally prohibits public gathering.
What is the rule of 144 in finance? ›
Rule 144 determines the time to quadruple investments at a given rate of interest. This is twice the Rule 72, where dividing 72 by the interest rate gives the doubling time. Mutual fund investors always want to know how many years it will take to double, triple or quadruple their investments.
What is the meaning of Section 144? ›
Whoever, being armed with any deadly weapon, or with anything which, used as a weapon of offence, is likely to cause death, is a member of an unlawful assembly, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.
What is the purpose of Form 144? ›
Form 144, required under Rule 144, is filed by a person who intends to sell either restricted securities or control securities (i.e., securities held by affiliates). Form 144 is notification to the SEC of this intention to sell and must take place at the time the sell order is placed with the broker-dealer.
Are Form 144s publicly available? ›
Another advantage is that Form 144s are required to be filed before the actual sale. With the new digital filing rule that means that Form 144s are often publicly available before the Form 4 that will report the actual sale.
What is the difference between Rule 144 and 144A? ›
Rule 144 allows selling restricted and controlled securities to accredited and non-accredited investors. Rule 144A is more restrictive, as it permits sales solely to Qualified Institutional Buyers (QIBs) with at least $100 million in assets under management.
How many shares can be sold when filing Form 144? ›
All affiliates are required to file a Form 144, notifying the SEC if the sale of securities within any three-month period exceeds either 5,000 shares or a total dollar amount of $50,000.
What is the 144 rule? ›
Section 144 of CrPC generally prohibits public gathering. Section 144 has been used in the past to impose restrictions as a means to prevent protests that can lead to unrest or riots. The orders to impose Section 144 have been conferred to Executive Magistrate when there is an emergency situation.
