Form 4: SouthState Bank Director's RSU Vesting

SouthState Bank Director James W. Roquemore increased his beneficial ownership by 1,136 shares through the vesting of Restricted Share Units.

Summary

• Director James W. Roquemore acquired 1,136 shares of SouthState Bank Corp (SSB) common stock.
• The acquisition occurred on November 1, 2025, through the vesting of time-vested Restricted Share Units (RSUs).
• These RSUs were granted on May 1, 2025, as part of the stock component of annual director fees and cliff vested on November 1, 2025.
• Following this transaction, Mr. Roquemore beneficially owns 36,963 shares of common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: The filing reports a routine, pre-scheduled insider transaction (RSU vesting) which is a positive for director alignment but not a significant market catalyst. It reflects normal course of business.

Positives

• Director James W. Roquemore's beneficial ownership of SouthState Bank common stock increased by 1,136 shares, aligning his interests further with shareholders.
• The vesting of Restricted Share Units represents a routine and expected component of director compensation, indicating stable corporate governance practices.

Industry Context

This filing details a routine insider transaction related to director compensation, which is a common practice across the banking and financial services industry to align management and director interests with shareholders. It does not provide broader industry trends or competitive insights.

Related Party Transactions

• Issuance of 1,136 common shares to Director James W. Roquemore as part of annual director fees, pursuant to time vested Restricted Share Units.

Stakeholder Impact

• Shareholders: The increase in director's beneficial ownership through RSU vesting generally aligns the director's interests with those of shareholders, potentially fostering long-term value creation.

Key Dates

Recommendation

This Form 4 reports a routine vesting of Restricted Share Units for a director, which is a pre-scheduled compensation event and does not provide new information to alter an investment thesis. It reflects normal course of business and insider alignment, but not a catalyst for a change in recommendation.

Keywords

SouthState Bank, SSB, Form 4, Insider Transaction, Restricted Share Units, RSU Vesting, Director Compensation, Equity Compensation, Beneficial Ownership