Mark Chambers - 19 Feb 2025 Form 4 Insider Report for Southern States Bancshares, Inc. (SSBK)

Role
Chief Executive Officer, Director
Signature
/s/ Mark A. Chambers, by Jeff Shanks as Attorney-in-Fact
Issuer symbol
SSBK
Transactions as of
19 Feb 2025
Net transactions value
$0
Form type
4
Filing time
21 Feb 2025, 16:59:25 UTC
Previous filing
23 Feb 2024
Next filing
23 Jun 2025
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 +2,319 +4.3% $0.000000 55,984 19 Feb 2025 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Award $0 +3,381 $0.000000 3,381 19 Feb 2025 Common Stock 3,381 $33.14 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock.
F2 Includes 21,792 in vested restricted units. Includes 4,670 in unvested restricted shares which will incrementally vest annually by 2/19/2028.
F3 Includes 565 shares of common stock under the Southern States Bancshares, Inc. Dividend Reinvestment and Common Stock Purchase Plan.
F4 These options were granted on 2/19/2025, vest in one-third increments over three years, and will be fully vested and exercisable on 2/19/2028.