Form 4: Director Acquires SouthState Bank Stock

Director Page G. Ruffner Jr. acquired 260 shares of SouthState Bank Corp. common stock for $96.46 per share, valued at $25,079.60, as a retainer payment.

Summary

• Page G. Ruffner Jr., a Director at SouthState Bank Corp. (SSB), acquired 260 shares of common stock on May 4, 2026.
• The acquisition was made in lieu of a quarterly cash retainer payment.
• The shares were acquired at a price of $96.46 per share, totaling $25,079.60.
• Following this transaction, Mr. Ruffner beneficially owns 81,885 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It reports a routine transaction by a director and does not contain new financial performance data or strategic announcements that would significantly alter the investment outlook.

Positives

• Director Page G. Ruffner Jr. has increased his direct beneficial ownership of SouthState Bank Corp. stock.
• The acquisition of stock as a retainer payment aligns director compensation with shareholder interests.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that this filing is a standard SEC Form 4, indicating a change in beneficial ownership by an insider. Such filings are routine for directors and officers and provide transparency into their holdings. The acquisition of stock by a director as a retainer payment is a common practice in the financial services industry to align executive interests with those of shareholders.

Stakeholder Impact

• Shareholders: Increased direct ownership by a director may be viewed positively as it aligns insider interests with shareholder value.
• Management: The transaction reflects a standard compensation practice for directors within the financial industry.

Key Dates

Keywords

SouthState Bank Corp, SSB, Form 4, Director, Stock Acquisition, Beneficial Ownership, Retainer Payment