Form 4: Director Acquires SouthState Bank Corp Stock

Sentiment:

Statement of Changes in Beneficial Ownership


Director Shantella E. Cooper acquired 312 shares of SouthState Bank Corp common stock on May 4, 2026, valued at $96.46 per share, as a lieu of cash retainer payment.

Summary

  • Shantella E. Cooper, a Director at SouthState Bank Corp (SSB), acquired 312 shares of common stock on May 4, 2026.
  • The acquisition was made in lieu of a quarterly cash retainer payment.
  • The transaction price was $96.46 per share, totaling an acquisition value of $30,096.48.
  • Following this transaction, Ms. Cooper beneficially owns 10,425 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it represents a routine compensation-related stock acquisition by a director rather than a significant strategic event.

Positives

  • Director compensation structure includes equity, aligning director interests with shareholders.
  • The transaction indicates continued direct ownership by a board member.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that the use of equity as a component of director compensation is a common practice in the financial services industry, aiming to align board interests with long-term shareholder value.

Stakeholder Impact

  • Shareholders: The acquisition of stock by a director in lieu of cash compensation can be viewed positively as it aligns director interests with shareholder value and reduces immediate cash outflow for the company.

Key Dates

DateDescription
05/04/2026Transaction Date for stock acquisition
05/04/2026Deemed Execution Date for the transaction
05/05/2026Signature Date of the filing

Keywords

SouthState Bank Corp, SSB, Form 4, SEC Filing, Director, Stock Acquisition, Beneficial Ownership, Equity Compensation

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.