Form 4: SouthState Corp Director William K Pou Jr. Acquires Shares Through Restricted Share Units

Sentiment:

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

DateDescription
05/01/2025Date of RSU grant as part of annual director fees.
05/01/2025Transaction date for the acquisition of shares.
11/01/2025Date the Restricted Share Units vested.
05/02/2025Date 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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