Form 4: SouthState Corp Director G. Stacy Smith Acquires Shares Through Restricted Share Units
SEC Form 4
Director G. Stacy Smith acquired 1,136 shares of SouthState Corp common stock through the vesting of restricted share units on November 1, 2025.
Summary
- On May 1, 2025, G. Stacy Smith, a director of SouthState Corp, was granted restricted share units (RSUs) which vested on November 1, 2025.
- Upon vesting, Smith acquired 1,136 shares of SouthState Corp common stock at a price of $87.65 per share.
- Following this transaction, Smith directly owns 1,403 shares of SouthState Corp.
- The transaction was part of the stock component of the annual director fees.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, indicating stable corporate governance practices. It is neither overwhelmingly positive nor negative.
Industry Context
This is a standard transaction for director compensation in publicly traded companies.
Stakeholder Impact
- The transaction increases the director's stake in the company, aligning their interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of earliest transaction and grant date of Restricted Share Units |
| 11/01/2025 | Restricted Share Units cliff vested |
| 05/02/2025 | Date of Form 4 filing |
Keywords
SouthState Corp, Director, G. Stacy Smith, Restricted Share Units, SSB, Acquisition, Beneficial Ownership, Form 4
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