Southern States Bancshares (SSBK) director Smith returned to the company 52,725 shares
Insider transactions reported
J. Henry Smith IV (director at Southern States Bancshares Inc., SSBK) reported that they returned to the company 52,725 shares on Jul 1, 2025. After these transactions the filing shows 0 shares held directly and 0 shares held indirectly (By son (CGS)).
- Reporting person
- Smith J. Henry IV
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jul 1, 2025 | Sale back to the company (D) | Common Stock, par value $5.00 per share1 | -52,725 | - | - | 0 direct |
| Jul 1, 2025 | Sale back to the company (D) | Common Stock, par value $5 per share1 | -245 | - | - | 0 indirect |
| Jul 1, 2025 | Sale back to the company (D) | Common Stock, par value $5 per share1 | -245 | - | - | 0 indirect |
| Jul 1, 2025 | Sale back to the company (D) | Common Stock, par value $5 per share1 | -240 | - | - | 0 indirect |
Holdings before and after
- Common Stock, par value $5.00 per share: 52,725 to 0 direct
- Common Stock, par value $5 per share: 245 to 0 indirect, By son (CGS)
- Common Stock, par value $5 per share: 245 to 0 indirect, By daughter (EHS)
- Common Stock, par value $5 per share: 240 to 0 indirect, By daughter (VWS)
Footnotes from the filing
- 1. Disposed of in connection with the merger of Southern States Bancshares, Inc. (SSBK) with and into FB Financial Corp. (FBK) effective July 1, 2025 (the Merger). At the effective time of the Merger (the Effective Time), each outstanding share of SSBK's common stock converted into the right to receive 0.8 share of FBK's common stock, with cash payable in lieu of fractional shares. On June 30, 2025, the last trading day before the Effective Time, the closing price of FBK's stock was $45.30 per share.
Transaction codes in this filing
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Smith report in this SSBK Form 4?
J. Henry Smith IV (director at Southern States Bancshares Inc., SSBK) reported that they returned to the company 52,725 shares on Jul 1, 2025. After these transactions the filing shows 0 shares held directly and 0 shares held indirectly (By son (CGS)).
How many SSBK shares does Smith hold after this filing?
The filing shows 0 shares held directly, 0 shares held indirectly (By son (CGS)), 0 shares held indirectly (By daughter (EHS)) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code D mean on an SEC Form 4?
Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
Historical context for SSBK
Earlier insider filings at SSBK
- Jul 1, 2025Director Cummings Daniel Andrew returned 6,770 shares to the company, closing all direct ownership in the company (SEC Form 4)
- Jul 1, 2025Director Hitson Brent O. returned 22,658 shares to the company, closing all direct ownership in the company (SEC Form 4)
- Jul 1, 2025Director Mccarty Cynthia S. returned 7,709 shares to the company, closing all direct ownership in the company (SEC Form 4)
- Jul 1, 2025Director Drews Richard E. Jr. returned 26,299 shares to the company, closing all direct ownership in the company (SEC Form 4)
- Jul 1, 2025Director Hinton Jonathan returned 2,099 shares to the company, closing all direct ownership in the company (SEC Form 4)
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Savings Institutions
- Listed since
- 2021
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