Form 4: Director Receives Restricted Share Units from SouthState Bank

James W. Roquemore, a Director at SouthState Bank Corp, received 1,050 Restricted Share Units as part of his annual director fees, vesting on November 1, 2026.

Summary

• Director James W. Roquemore was issued 1,050 Restricted Share Units (RSUs) on May 1, 2026.
• These RSUs are part of the stock component of his annual director fees.
• The RSUs are set to cliff vest on November 1, 2026.
• The reported value of the RSUs at the time of grant was $97.48 per share.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation event for a director rather than a significant strategic or financial development.

Positives

• Director compensation includes equity awards, aligning director interests with shareholders.
• The grant of RSUs indicates continued investment in the company's stock by its leadership.

Future Outlook

The Restricted Share Units are scheduled to vest on November 1, 2026, at which point they will convert into common stock.

Industry Context

StockSavvy.ai notes that the issuance of Restricted Share Units as part of director compensation is a common practice in the banking industry, designed to incentivize long-term performance and align executive and director interests with those of shareholders.

Stakeholder Impact

• Shareholders: The issuance of RSUs aligns director interests with shareholders by providing them with equity in the company.

Next Steps

• The Restricted Share Units will vest on November 1, 2026.

Key Dates

Keywords

SEC Form 4, SouthState Bank Corp, SSB, Director Compensation, Restricted Share Units, RSUs, Equity Awards, Beneficial Ownership, Insider Trading