Form 4: SouthState Bank Director Acquires Shares
Statement of Changes in Beneficial Ownership
SouthState Bank Corp. reports a transaction where Director POU WILLIAM K JR acquired 1,050 shares of common stock through the vesting of Restricted Share Units.
Summary
- Director POU WILLIAM K JR acquired 1,050 shares of SouthState Bank Corp. common stock.
- The acquisition occurred on May 1, 2026, and the shares were issued pursuant to time-vested Restricted Share Units (RSUs).
- These RSUs were granted on May 1, 2026, as part of the annual director fees and cliff vested on November 1, 2026.
- The reported value of the RSUs was $97.48 per share.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation event rather than a significant strategic or financial development.
Positives
- Director acquisition of shares can signal confidence in the company's future performance.
- The transaction represents the fulfillment of a previously granted compensation award.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that insider transactions, such as director share acquisitions, are common in the banking sector as part of compensation structures and can provide insights into management's alignment with shareholder interests.
Stakeholder Impact
- Shareholders: The acquisition by a director may be viewed positively as it indicates continued investment and commitment to the company.
- Employees: The transaction is related to director compensation and does not directly impact employees.
- Creditors: No direct impact on creditors is indicated by this transaction.
Key Dates
| Date | Description |
|---|---|
| 05/01/2026 | Date of earliest transaction; Date RSUs granted |
| 11/01/2026 | Cliff vesting date for RSUs |
| 05/04/2026 | Date of filing |
Keywords
Form 4, SEC Filing, SouthState Bank Corp, SSB, Director Transaction, Restricted Share Units, RSU Vesting, Beneficial Ownership, Insider Trading
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