Stephen Whatley compensation by year
Southern States Bancshares Summary Compensation Table · all 3 fiscal years held| Component | FY2021 | FY2022 | FY2023 |
|---|---|---|---|
| Salary | $500,000 | $517,500 | $185,625 |
| Bonus | $77,500 | $132,500 | $0 |
| Stock awards | $71,073 | $800,092 | $77,631 |
| Option awards | $71,073 | $75,000 | $77,631 |
| Non-equity incentive | $250,000 | $294,630 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $36,422 | $36,228 | $1,874,118 |
| Total | $1,006,068 | $1,855,950 | $2,215,004 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Southern States Bancshares, Inc. DEF 14A filed March 22, 2024, accession 0001628280-24-012666, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2022 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 23,949 | $693,324 | — |
| Option | 4,850 | — | $20.03 |
| Option | 6,014 | — | $20.61 |
| Option | 6,079 | — | $20.10 |
Per the Outstanding Equity Awards at Fiscal Year-End table in Southern States Bancshares, Inc.'s FY2022 proxy; value at the fiscal year-end close, as the company printed it.
Southern States Bancshares’s named executive officers, FY2023
as the company reported each| Named executive officer | Role | FY2023 total |
|---|---|---|
| Stephen Whatley · this page | Former Chairman and Chief Executive Officer | $2,215,004 |
| Mark Chambers | Chief Executive Officer and President | $944,425 |
| Lynn Joyce | Senior Executive Vice President and Chief Financial Officer | $690,941 |
| Greg Smith | Senior Executive Vice President and Chief Risk Officer | $685,211 |
The full Southern States Bancshares compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Southern States Bancshares's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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