Form 4: SouthState Corp Director Joshua A. Snively Acquires Shares Through RSU Vesting

Director Joshua A. Snively acquired 1,063 shares of SouthState Corp common stock through the vesting of restricted share units (RSUs) on November 1, 2024.

Summary

• On November 1, 2024, Joshua A. Snively, a director of SouthState Corp, acquired 1,063 shares of common stock.
• The acquisition was a result of the vesting of previously granted Restricted Share Units (RSUs).
• These RSUs were granted on May 1, 2024, as part of the stock component of the annual director fees and cliff vested on November 1, 2024.
• Following the transaction, Snively directly owns 11,605 shares of SouthState Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares through RSU vesting is a routine event and generally viewed as a positive sign of alignment with shareholder interests.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Industry Context

Director share acquisitions are common and often viewed positively by investors, as they align the interests of management with those of shareholders.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates