Form 4: SouthState Corp Director William K Pou Jr. Acquires Shares Through Restricted Share Units
SEC Form 4 Filing
Director William K Pou Jr. reports acquisition of SouthState Corp shares through vested Restricted Share Units (RSUs) as part of annual director fees.
Summary
- On May 2, 2025, William K Pou Jr., a director of SouthState Corp, filed a Form 4.
- The report details the acquisition of 1,136 shares of SouthState Corp common stock.
- These shares were obtained through the vesting of Restricted Share Units (RSUs) granted on May 1, 2025, as part of the annual director fees.
- The RSUs vested on November 1, 2025.
- The price per share at the time of acquisition was $87.65.
- Following the transaction, Pou directly owns 1,136 shares.
- William E. Matthews, V, CFO, signed the report on behalf of William K Pou Jr. pursuant to power of attorney.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. There is no indication of positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transaction increases the director's alignment with shareholder interests through increased stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of RSU grant as part of annual director fees. |
| 05/01/2025 | Transaction date for the acquisition of shares. |
| 11/01/2025 | Date the Restricted Share Units vested. |
| 05/02/2025 | Date of Form 4 filing. |
Keywords
Form 4, SouthState Corp, Director, William K Pou Jr., Restricted Share Units, RSUs, Beneficial Ownership, Stock Acquisition
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