Form 4: SouthState Corp Director Merriann Metz Acquires Shares Through Vested Restricted Share Units

Director Merriann Metz acquired 1,136 shares of SouthState Corp common stock on May 1, 2025, through the vesting of restricted share units.

Summary

• On May 1, 2025, Merriann Metz, a director of SouthState Corp, acquired 1,136 shares of common stock.
• The acquisition was due to 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 at the time of vesting was $87.65.
• Following the transaction, Metz directly owns 1,136 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard transaction related to director compensation, which can be seen as a sign of alignment between management and shareholders.

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 Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It reflects standard compensation practices for board members.

Comparison to Industry Standards

• Director compensation packages often include stock or restricted share units to align their interests with those of shareholders.
• The vesting schedule of these RSUs is typical, often tied to continued service on the board.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

SouthState Corp, Merriann Metz, Director, Restricted Share Units, RSUs, Stock Acquisition, Beneficial Ownership, Form 4