Mark Chambers - 20 Jun 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
20 Jun 2025
Net transactions value
+$873,409
Form type
4
Filing time
23 Jun 2025, 18:04:50 UTC
Previous filing
21 Feb 2025
Next filing
01 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Chambers Mark Chief Executive Officer, Director 615 QUINTARD AVE, ANNISTON /s/ Mark A. Chambers, by Jeff Shanks as Attorney-in-Fact 23 Jun 2025 0001870026

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 Options Exercise $150,000 +15,000 +27% $10.00 71,056 20 Jun 2025 Direct F1, F2
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $108,750 +7,500 +11% $14.50 78,556 20 Jun 2025 Direct F1, F2
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $152,464 +9,529 +12% $16.00 88,085 20 Jun 2025 Direct F1, F2
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $217,643 +10,828 +12% $20.10 98,913 20 Jun 2025 Direct F1, F2
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $83,826 +4,185 +4.2% $20.03 103,098 20 Jun 2025 Direct F1, F2
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $71,269 +3,458 +3.4% $20.61 106,556 20 Jun 2025 Direct F1, F2
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $53,870 +1,782 +1.7% $30.23 108,338 20 Jun 2025 Direct F1, F2
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $35,588 +1,347 +1.2% $26.42 109,685 20 Jun 2025 Direct F1, F2

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) Options Exercise $0 -15,000 -100% $0.000000 0 20 Jun 2025 Common Stock 15,000 $10.00 Direct F3
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Options Exercise $0 -7,500 -100% $0.000000 0 20 Jun 2025 Common Stock 7,500 $14.50 Direct F4
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Options Exercise $0 -9,529 -100% $0.000000 0 20 Jun 2025 Common Stock 9,529 $16.00 Direct F5
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Options Exercise $0 -10,828 -100% $0.000000 0 20 Jun 2025 Common Stock 10,828 $20.10 Direct F6
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Options Exercise $0 -4,185 -100% $0.000000 0 20 Jun 2025 Common Stock 4,185 $20.03 Direct F7
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Options Exercise $0 -3,458 -100% $0.000000 0 20 Jun 2025 Common Stock 3,458 $20.61 Direct F8
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Options Exercise $0 -1,782 -67% $0.000000 891 20 Jun 2025 Common Stock 1,782 $30.23 Direct F9
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Options Exercise $0 -1,347 -33% $0.000000 2,695 20 Jun 2025 Common Stock 1,347 $26.42 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4,670 in unvested restricted shares which will incrementally vest annually by 2/19/2028.
F2 Includes 637 shares of common stock under the Southern States Bancshares, Inc. Dividend Reinvestment and Common Stock Purchase Plan.
F3 These options were granted on 1/20/2016, vest in one-fifth increments over five years, and became fully vested and exercisable on 1/20/2021.
F4 These options were granted on 1/21/2018, vest in one-third increments over three years, and became fully vested and exercisable on 1/21/2021.
F5 These options were granted on 2/08/2019, vest in one-third increments over three years, and became fully vested and exercisable on 2/08/2022.
F6 These options were granted on 1/22/2020, vest in one-third increments over three years, and became fully vested and exercisable on 1/22/2023.
F7 These options were granted on 2/10/2021, vest in one-third increments over three years, and became fully vested and exercisable on 2/10/2024.
F8 These options were granted on 2/9/2022, vest in one-third increments over three years, and became fully vested and exercisable on 2/9/2025.
F9 These options were granted on 2/15/2023 and vest in one-third increments over three years.
F10 These options were granted on 2/21/2024 and vest in one-third increments over three years.