0001689731FALSE00016897312025-02-062025-02-06
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
___________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 6, 2025
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Southern States Bancshares, Inc.
(Exact Name of Registrant as Specified in its Charter)
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Alabama |
001-40727 |
26-2518085 |
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number) |
(IRS Employer
Identification No.)
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| 615 Quintard Ave. |
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Anniston, AL |
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36201 |
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(Zip Code) |
Registrant’s telephone number, including area code: (256) 241-1092
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class |
Trading
Symbols(s)
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Name of exchange
on which registered
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| Common Stock, $5.00 par value |
SSBK |
The NASDAQ Stock Market LLC |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 6, 2025, Jonathan W. Hinton, a member of the Board of Directors (the "Board") of Southern States Bancshares, Inc. (the "Company") notified the Board that he does not intend to stand for re-election to the Company’s Board following the expiration of his current term. Accordingly, his current term will expire at the 2025 Annual Meeting of Shareholders. Mr. Hinton's retirement is not the result of any disagreement with the Company.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| Dated: February 12, 2025 |
SOUTHERN STATES BANCSHARES, INC. |
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By: |
/s/ Lynn J. Joyce |
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Name: |
Lynn J. Joyce |
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Title: |
Senior Executive Vice President and Chief Financial Officer |
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