Form 4: SouthState Corp Director Page G Ruffner Jr. Acquires Shares Through Restricted Share Units
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
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Restricted Share Units granted as part of the stock component of the annual director fees. |
| 05/01/2025 | Date of transaction: Director acquired 1,136 shares through vested RSUs. |
| 11/01/2025 | RSUs cliff vested. |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
SouthState Corp, Director, Share Acquisition, Restricted Share Units, RSUs, Form 4, Beneficial Ownership, Insider Trading
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.