Executive Parts Ways With 4,000 Shares of Regional Bank Stock, Following 11% Rally
Matthews reduced his direct stake by 9%, retaining 40,568 shares worth $4.35 million. The sale occurred as the stock maintained an 11% one-year return.
William E. V. Matthews, Chief Financial Officer of SouthState Bank Corporation, recently divested himself of 4,000 shares of the company's common stock, as disclosed in a recent SEC Form 4 filing on August 19, 2026. The transaction was valued at $108.93 per share, while the post-transaction value, as of the August 19, 2026 market close, was $107.14 per share.
SouthState Bank Corporation, a regional bank holding company, boasts a market capitalization of $10.7 billion and a trailing twelve-month revenue of $3.2 billion, underscoring its significant presence within the regional banking sector. The company's fiscal health is further evidenced by its net income of $950.2 million, which corresponds to a net profit margin of around 29.7%, indicating robust operational efficiency and profitability.
SouthState Bank Corporation competes in the financial services landscape through its wide array of products, correspondent banking relationships, and a strong regional market presence. The firm employs approximately 6,431 individuals across its operations.
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