Form 4: SouthState Corp Executive Sara Arana Reports Stock Transaction

Sara Arana, Chief Accounting Officer of SouthState Corp, reports the acquisition of 281 shares of common stock on February 4, 2025, through the vesting of restricted stock units.

Summary

• On February 4, 2025, Sara Arana, the Chief Accounting Officer of SouthState Corp, acquired 281 shares of common stock.
• The acquisition was a result of the vesting of Restricted Stock Units (RSUs) awarded on March 3, 2023, after a two-year performance vesting period ending December 31, 2024.
• The price per share was $0.00, indicating the vesting of previously granted equity.
• Following the transaction, Arana directly owns 6,778 shares of SouthState Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. The vesting of RSUs suggests performance targets were met, which is mildly positive.

Positives

• The vesting of RSUs indicates that performance goals were likely met, which is a positive signal.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation packages. The vesting of RSUs is a standard way to incentivize and retain key personnel.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates that performance goals were likely met.

Key Dates

Keywords

SouthState Corp, Sara Arana, stock transaction, Form 4, restricted stock units, SSB, vesting