Form 4: SouthState Corp Director Ronald M. Cofield Acquires Shares Through Restricted Share Units
SEC Form 4
Director Ronald M. Cofield acquired 1,136 shares of SouthState Corp through vested Restricted Share Units (RSUs) on May 1, 2025.
Summary
- On May 1, 2025, Ronald M. Cofield, 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.
Sentiment
Score: 7
Explanation: Routine director share acquisition, indicating confidence. No negative aspects.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
Director share acquisitions are common and are viewed as a positive sign of confidence in the company's performance and future prospects.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Acquisition of Restricted Share Units. |
| 05/01/2025 | Date of transaction: Deemed execution date. |
| 11/01/2025 | RSUs cliff vested. |
| 05/02/2025 | Date of Form 4 filing. |
Keywords
SouthState Corp, Ronald M. Cofield, Director, Restricted Share Units, RSUs, Stock Acquisition, Beneficial Ownership, Form 4
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