Form 4: SouthState Bank Corp Director Receives Restricted Stock Units

Sentiment:

Statement of Changes in Beneficial Ownership


Shantella E. Cooper, a Director at SouthState Bank Corp, received 1,050 Restricted Share Units (RSUs) on May 1, 2026, which vested on November 1, 2026.

Summary

  • Shantella E. Cooper, a Director of SouthState Bank Corp (SSB), reported a transaction on May 1, 2026.
  • Cooper acquired 1,050 shares of common stock through the vesting of Restricted Share Units (RSUs).
  • These RSUs were granted on May 1, 2026, as part of her annual director fees.
  • The RSUs had a cliff vesting period and fully vested on November 1, 2026.
  • The reported value associated with these RSUs was $97.48 per share.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on routine director compensation and does not contain significant financial performance or strategic updates.

Positives

  • Director compensation includes equity awards, aligning director interests with shareholders.
  • The vesting of RSUs indicates continued service and commitment from the director.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that the use of Restricted Share Units for director compensation is a common practice in the financial services industry, aimed at retaining experienced board members and aligning their incentives with long-term shareholder value.

Stakeholder Impact

  • Shareholders: The issuance of RSUs as compensation aligns director interests with shareholder value, potentially leading to better governance and long-term performance.

Key Dates

DateDescription
05/01/2026Date of earliest transaction and grant date of RSUs.
11/01/2026Cliff vesting date for the Restricted Share Units.
05/04/2026Date of signature on the filing.

Keywords

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

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