Form 4: SSB Chief Accounting Officer's RSU Vesting
Insider Transaction Report
SouthState Bank Corp's Chief Accounting Officer, Sara Arana, reported the vesting of 409 restricted stock units and the subsequent sale of 122 shares for tax withholding.
Summary
- Sara Arana, Chief Accounting Officer of SouthState Bank Corp (SSB), acquired 409 shares of common stock on February 4, 2026, through the vesting of Restricted Stock Units (RSUs).
- These RSUs were originally awarded on March 5, 2024, and vested after a two-year performance period ending December 31, 2025.
- Concurrently, 122 shares were disposed of at a price of $106.24 per share to cover tax liabilities associated with the RSU vesting.
- Following these transactions, Sara Arana beneficially owns 5,158 shares of SouthState Bank Corp common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine compensation transaction for an executive and not indicating any significant operational or strategic changes for the company.
Industry Context
StockSavvy.ai notes that the vesting of restricted stock units and subsequent tax withholding is a common and routine compensation event for corporate executives across the banking sector, reflecting the fulfillment of long-term incentive plans.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine executive compensation event and tax-related share disposition.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date Restricted Stock Units (RSUs) were awarded. |
| 12/31/2025 | End of the 2-year performance vesting period for RSUs. |
| 02/04/2026 | Date of RSU vesting and subsequent share transactions. |
| 02/05/2026 | Date the Form 4 was signed by William E. Matthews, V, CFO, pursuant to power of attorney. |
Keywords
SouthState Bank Corp, SSB, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Chief Accounting Officer, Sara Arana, Stock Compensation, Tax Withholding
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