SouthState CFO William Matthews Sells 4,000 Shares for $436,000, Retaining $4.35 Million Stake
Updated
Updated · Yahoo Finance · Aug 22
SouthState CFO William Matthews Sells 4,000 Shares for $436,000, Retaining $4.35 Million Stake
1 articles · Updated · Yahoo Finance · Aug 22
Summary
An Aug. 19 SEC Form 4 filing showed SouthState CFO William E. V. Matthews sold 4,000 common shares for about $436,000 at a weighted average price of $108.93.
40,568 shares remained in Matthews' direct ownership after the sale, valued at about $4.35 million based on SouthState's Aug. 19 closing price of $107.14.
0.04% of SouthState's $10.7 billion market value is still represented by his remaining stake, and the filing reported no indirect holdings or derivative securities.
SouthState, a Winter Haven-based regional bank with 6,431 employees, reported trailing 12-month revenue of $3.2 billion and net income of $950.2 million.