Form 4: SouthState Corp Director Page G Ruffner Jr. Acquires Shares Through Restricted Share Units

Sentiment:

SEC Form 4 Filing


Director Page G Ruffner Jr. acquired 1,136 shares of SouthState Corp through vested Restricted Share Units (RSUs) on May 1, 2025.

Summary

  • On May 1, 2025, Page G Ruffner Jr., 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, Ruffner directly owns 1,136 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation. There is no indication of positive or negative sentiment towards the company's performance.

Positives

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

Industry Context

This is a routine disclosure related to insider transactions, specifically the acquisition of shares by a company director as part of their compensation. Such transactions are common and closely monitored by regulators and investors.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it demonstrates the director's alignment with the company's interests.

Key Dates

DateDescription
05/01/2025Date of transaction: Restricted Share Units granted as part of the stock component of the annual director fees.
05/01/2025Date of transaction: Director acquired 1,136 shares through vested RSUs.
11/01/2025RSUs cliff vested.
05/02/2025Date of signature on the Form 4 filing.

Keywords

SouthState Corp, Director, Share Acquisition, Restricted Share Units, RSUs, Form 4, Beneficial Ownership, Insider Trading

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