Did Richard Allen sell SouthState Bank stock?

Common questions

Did Richard Allen sell SouthState Bank stock?

Yes. Richard Allen disclosed 5 sales of SouthState Bank (SSB) stock between Feb 21, 2020 and Mar 27, 2023, in STOCK Act reports. Added together, the disclosed ranges come to $195K-$500K.

How big were Richard Allen's SouthState Bank trades?

STOCK Act reports give a range for each trade, such as $100K-$250K, never an exact amount. Added together, the disclosed ranges come to $195K-$500K.

Did Richard Allen make these SouthState Bank trades personally?

Not always. The STOCK Act requires members to report trades by themselves, a spouse and dependent children. The owner column of each linked filing says whose trade it was.

Does Richard Allen still own SouthState Bank stock?

This page lists reported trades, not holdings. A purchase can have been sold since, and the filings shown do not say what is held today.

When did Richard Allen report these trades?

The latest filing is dated Jun 2, 2023. The STOCK Act gives members of Congress 45 days to report a trade, so a filing can trail the trade by weeks. Every row shows both dates.

Where does this data come from?

From periodic transaction reports filed under the STOCK Act with the Clerk of the House. Every trade links to the original filing.