Form 4: SouthState Corp Director James W. Roquemore Reports Stock Award Vesting
SEC Form 4
Director James W. Roquemore reports vesting of restricted stock units (RSUs) into 1,063 shares of SouthState Corp common stock on November 1, 2024.
Summary
- James W. Roquemore, a director of SouthState Corp, reported the vesting of 1,063 shares of common stock on November 1, 2024.
- The shares resulted from the vesting of Restricted Share Units (RSUs) granted on May 1, 2024, as part of the annual director fees.
- Following the transaction, Roquemore directly owns 35,838 shares of SouthState Corp.
- The vesting of the RSUs occurred on November 1, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It's neither particularly positive nor negative.
Positives
- The vesting of RSUs indicates continued director compensation in the form of company stock, aligning director interests with shareholders.
Industry Context
Director stock ownership is a common practice in corporate governance, aligning the interests of directors with those of shareholders.
Stakeholder Impact
- The vesting of shares reinforces the alignment of director and shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date Restricted Share Units (RSUs) were granted as part of the annual director fees. |
| 11/01/2024 | Date of transaction: RSUs vested into 1,063 shares of common stock. |
| 11/04/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.