LYNN J. JOYCE - 30 Jun 2025 Form 4 Insider Report for Southern States Bancshares, Inc. (SSBK)

Role: Chief Financial Officer
Signature: /s/ Lynn J. Joyce, by Jeff Shanks as Attorney-in-Fact
Issuer symbol: SSBK
Transactions as of: 30 Jun 2025
Net transactions value: -$153,084
Form type: 4
Filing time: 01 Jul 2025, 10:07:57 UTC
Previous filing: 23 Jun 2025
Next filing: 27 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
JOYCE LYNN J	Chief Financial Officer	615 QUINTARD AVE, ANNISTON	/s/ Lynn J. Joyce, by Jeff Shanks as Attorney-in-Fact	01 Jul 2025	0001249158

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	Tax liability	$153,084	-4,467	-5.6%	$34.27	75,012	30 Jun 2025	Direct
transaction	SSBK	Common Stock, par value $5.00 per share	Disposed to Issuer		-75,012	-100%		0	01 Jul 2025	Direct	F1

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

Type	Sym	Class	Transaction	Shares	Change %	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SSBK	STOCK OPTIONS (RIGHT TO BUY)	Disposed to Issuer	-2,120	-100%	01 Jul 2025	Common Stock	2,120	$30.23	Direct	F2
transaction	SSBK	STOCK OPTIONS (RIGHT TO BUY)	Disposed to Issuer	-2,602	-100%	01 Jul 2025	Common Stock	2,602	$26.42	Direct	F2
transaction	SSBK	STOCK OPTIONS (RIGHT TO BUY)	Disposed to Issuer	-2,076	-100%	01 Jul 2025	Common Stock	2,076	$33.14	Direct	F2

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

LYNN J. JOYCE is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of in connection with the merger of Southern States Bancshares, Inc. (SSBK) with and into FB Financial Corp. (FBK) effective July 1, 2025 (the Merger). At the effective time of the Merger (the Effective Time), each outstanding share of SSBK's common stock, restricted stock and restricted stock unit converted into the right to receive 0.8 share of FBK's common stock, with cash payable in lieu of fractional shares. On June 30, 2025, the last trading day before the Effective Time, the closing price of FBK's stock was $45.30 per share.
F2	At the Effective Time and in connection with Merger, each outstanding option was cancelled and exchanged into the right to receive a cash payment equal to the product of (a) the difference, if positive, between (i) the Per Share Cash Equivalent Consideration (as defined in the agreement relating to Merger) and (ii) the exercise price of the option immediately prior to the Effective Time, multiplied by (b) the number of shares SSBK common stock underlying option, rounded up to the nearest cent.

Content

Disposed of in connection with the merger of Southern States Bancshares, Inc. (SSBK) with and into FB Financial Corp. (FBK) effective July 1, 2025 (the Merger). At the effective time of the Merger (the Effective Time), each outstanding share of SSBK's common stock, restricted stock and restricted stock unit converted into the right to receive 0.8 share of FBK's common stock, with cash payable in lieu of fractional shares. On June 30, 2025, the last trading day before the Effective Time, the closing price of FBK's stock was $45.30 per share.

At the Effective Time and in connection with Merger, each outstanding option was cancelled and exchanged into the right to receive a cash payment equal to the product of (a) the difference, if positive, between (i) the Per Share Cash Equivalent Consideration (as defined in the agreement relating to Merger) and (ii) the exercise price of the option immediately prior to the Effective Time, multiplied by (b) the number of shares SSBK common stock underlying option, rounded up to the nearest cent.