Richard E. Drews Jr. - 04 Sep 2024 Form 4/A - Amendment Insider Report for Southern States Bancshares, Inc. (SSBK)

Role: Director
Signature: /s/ Richard E. Drews Jr., by Jeff Shanks as Attorney-in-Fact
Issuer symbol: SSBK
Transactions as of: 04 Sep 2024
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 04 Feb 2025, 09:47:47 UTC
Date Of Original Report: 05 Sep 2024
Previous filing: 01 Aug 2024
Next filing: 13 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SSBK	Common Stock, par value $5.00 per share	Award	$0	+26,723	+6748%	$0.000000	27,119	04 Sep 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares acquired from the issuer as a result of the merger of CBB Bancorp with and into Southern States Bancshares, Inc. On September 4, 2024, the reporting person became entitled to receive 26,723 shares of common stock of the issuer, and cash, in exchange for shares of CBB Bancorp. Subsequent to the filing of the original Form 4, the issuer's transfer agent provided an updated proration factor in connection with the merger that resulted in an additional 200 shares from that shown on the original Form 4.

Content

Represents shares acquired from the issuer as a result of the merger of CBB Bancorp with and into Southern States Bancshares, Inc. On September 4, 2024, the reporting person became entitled to receive 26,723 shares of common stock of the issuer, and cash, in exchange for shares of CBB Bancorp. Subsequent to the filing of the original Form 4, the issuer's transfer agent provided an updated proration factor in connection with the merger that resulted in an additional 200 shares from that shown on the original Form 4.