Gregory B. Smith - 20 Jun 2025 Form 4 Insider Report for Southern States Bancshares, Inc. (SSBK)

Role
Chief Risk Officer
Signature
/s/ Gregory B. Smith, by Jeff Shanks as Attorney-in-Fact
Issuer symbol
SSBK
Transactions as of
20 Jun 2025
Net transactions value
+$501,463
Form type
4
Filing time
23 Jun 2025, 18:05:41 UTC
Previous filing
11 Mar 2025
Next filing
01 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Smith Gregory B. Chief Risk Officer 615 QUINTARD AVE, ANNISTON /s/ Gregory B. Smith, by Jeff Shanks as Attorney-in-Fact 23 Jun 2025 0001869025

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 $152,464 +9,529 +13% $16.00 81,521 20 Jun 2025 Direct F1
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $217,643 +10,828 +13% $20.10 92,349 20 Jun 2025 Direct F1
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $65,705 +3,188 +3.5% $20.61 95,537 20 Jun 2025 Direct F1
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $42,745 +1,414 +1.5% $30.23 96,951 20 Jun 2025 Direct F1
transaction SSBK Common Stock, par value $5.00 per share Options Exercise $22,906 +867 +0.89% $26.42 97,818 20 Jun 2025 Direct F1

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 OPTION (RIGHT TO BUY) Options Exercise $0 -9,529 -100% $0.000000 0 20 Jun 2025 Common Stock 9,529 $16.00 Direct F2
transaction SSBK STOCK OPTION (RIGHT TO BUY) Options Exercise $0 -10,828 -100% $0.000000 0 20 Jun 2025 Common Stock 10,828 $20.10 Direct F3
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Options Exercise $0 -3,188 -100% $0.000000 0 20 Jun 2025 Common Stock 3,188 $20.61 Direct F4
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Options Exercise $0 -1,414 -67% $0.000000 706 20 Jun 2025 Common Stock 1,414 $30.23 Direct F5
transaction SSBK STOCK OPTIONS (RIGHT TO BUY) Options Exercise $0 -867 -33% $0.000000 1,735 20 Jun 2025 Common Stock 867 $26.42 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,022 in unvested restricted shares which will incrementally vest annually by 2/19/2028.
F2 These options were granted on 2/8/2019, vested in one-third increments over three years, and became fully vested and exercisable on 2/8/2022.
F3 These options were granted on 1/22/2020, vested in one-third increments over three years, and became fully vested and exercisable on 1/22/2023.
F4 These options were granted on 2/9/2022, vested in one-third increments over three years, and became fully vested and exercisable on 2/9/2025.
F5 These options were granted on 2/15/2023 and vest in one-third increments over three years.
F6 These options were granted on 2/21/2024 and vest in one-third increments over three years.