Form 4: SouthState Corp Director David R. Brooks Acquires Shares Through Restricted Share Units
SEC Form 4
Director David R. Brooks acquired 1,136 shares of SouthState Corp through vested Restricted Share Units (RSUs) on May 1, 2025.
Summary
- On May 1, 2025, David R. Brooks, a director of SouthState Corp, acquired 1,136 shares of common stock.
- The acquisition was through the vesting of Restricted Share Units (RSUs) granted as part of the annual director fees.
- The RSUs vested on November 1, 2025.
- The price per share was $87.65.
- Following the transaction, Brooks directly owns 1,403 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The acquisition of shares by a director is generally viewed as a positive sign, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This is a standard disclosure related to insider transactions, which are common in publicly traded companies. Directors often receive stock-based compensation, and their transactions are closely monitored by regulators and investors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals director confidence.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Director acquired shares through vested RSUs. |
| 05/01/2025 | Date of grant: Restricted Share Units were granted as part of annual director fees. |
| 11/01/2025 | Vesting date: RSUs cliff vested. |
| 05/02/2025 | Date of signature: Form 4 signed by William E. Matthews, V, CFO, pursuant to power of attorney. |
Keywords
SouthState Corp, Director, David R. Brooks, Restricted Share Units, RSUs, Beneficial Ownership, Form 4, Acquisition, Shares, Stock
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