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[8-K] SouthState Bank Corp Reports Material Event

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Rhea-AI Filing Summary

SouthState Corporation expanded its Board of Directors from 14 to 15 members and appointed Benjamin E. Sasse, age 53, to the new seat. His board term commenced on October 21, 2025. The Board determined that Mr. Sasse is independent under NYSE corporate governance requirements.

Mr. Sasse brings experience from government and higher education leadership, including service as a U.S. Senator (2015–2023) and as President of the University of Florida. He currently serves as president emeritus and professor at the University of Florida and has been a director of Strategic Education, Inc. since April 2024.

He is expected to serve until the 2026 annual meeting of shareholders, when shareholders will be asked to elect him for a one-year term expiring at the 2027 annual meeting. He has not yet been appointed to any board committees. Compensation will be consistent with other non‑employee directors. The company reported no related‑party transactions and no family relationships involving Mr. Sasse.

SouthState Corporation ha ampliato il Consiglio di Amministrazione da 14 a 15 membri e ha nominato Benjamin E. Sasse, di 53 anni, per la nuova carica. Il suo mandato nel consiglio è iniziato il 21 ottobre 2025. Il Consiglio ha ritenuto che il signor Sasse sia indipendente secondo i requisiti di governance societaria della NYSE.

Il signor Sasse porta con sé esperienza nel governo e nella leadership dell'istruzione superiore, tra cui il servizio come senatore degli Stati Uniti (2015–2023) e come Presidente dell'Università della Florida. Attualmente ricopre la carica di presidente emerito e docente presso l'Università della Florida ed è stato amministratore di Strategic Education, Inc. dal aprile 2024.

Si prevede che rimanga in carica fino all'assemblea annuale degli azionisti del 2026, quando gli azionisti saranno chiamati a eleggerlo per un mandato di un anno in scadenza all'assemblea annuale del 2027. Non è stato ancora nominato a nessuna commissione del consiglio. La compensazione sarà coerente con quella degli altri amministratori non dipendenti. L'azienda ha riportato nessuna transazione con parti correlate e nessun rapporto di parentela riguardante il signor Sasse.

SouthState Corporation expandió su Junta Directiva de 14 a 15 miembros y nombró a Benjamin E. Sasse, de 53 años, para el nuevo puesto. Su mandato en la junta comenzó el 21 de octubre de 2025. La Junta determinó que el Sr. Sasse es independiente conforme a los requisitos de gobernanza corporativa de la NYSE.

El Sr. Sasse aporta experiencia en el gobierno y en liderazgo de la educación superior, incluyendo su servicio como Senador de los Estados Unidos (2015–2023) y como Presidente de la Universidad de Florida. Actualmente se desempeña como presidente emérito y profesor en la Universidad de Florida y ha sido director de Strategic Education, Inc. desde abril de 2024.

Se espera que sirva hasta la reunión anual de accionistas de 2026, cuando se pedirá a los accionistas que lo elijan para un mandato de un año que expira en la reunión anual de 2027. Aún no ha sido designado para ningún comité de la junta. La compensación será consistente con la de otros directores no ejecutivos. La empresa reportó ninguna transacción con partes relacionadas y ninguna relación familiar que involucre al Sr. Sasse.

SouthState Corporation은 이사회 구성을 14명에서 15명으로 확대하고 새 좌석에 Benjamin E. Sasse를 53세로 임명했습니다. 그의 이사회 임기는 2025년 10월 21일에 시작되었습니다. 이사회는 Sasse 씨가 NYSE 기업지배구조 요건에 따라 독립적이라고 판단했습니다.

Sasse 씨는 의정부 및 고등교육 리더십에서의 경험을 바탕으로 미국 상원의원(2015–2023) 및 플로리다 대학교 총장을 지낸 바 있습니다. 그는 현재 플로리다 대학교의 석좌 교수이자 교수로 재직 중이며 2024년 4월부터 Strategic Education, Inc.의 이사로 일하고 있습니다.

그는 2026년 주주총회까지 재직할 것으로 예상되며, 주주들은 2027년 주주총회에서 만료되는 1년 임기를 그에게 선출하도록 요청받게 됩니다. 그는 아직 어떤 이사회 위원회에도 임명되지 않았습니다. 보수는 다른 비근로자 이사들과 일치합니다. 회사는 관련자 거래 없음 및 Sasse 씨와 관련된 가족관계가 없다고 보고했습니다.

SouthState Corporation a étendu son conseil d'administration de 14 à 15 membres et a nommé Benjamin E. Sasse, âgé de 53 ans, au nouveau siège. Son mandat au conseil a commencé le 21 octobre 2025. Le conseil a déterminé que M. Sasse est indépendant selon les exigences de gouvernance d'entreprise de la NYSE.

M. Sasse apporte une expérience du gouvernement et du leadership dans l'enseignement supérieur, y compris son service en tant que sénateur américain (2015–2023) et en tant que président de l'Université de Floride. Il occupe actuellement le poste de président emérite et professeur à l'Université de Floride et est directeur de Strategic Education, Inc. depuis avril 2024.

Il est prévu qu'il serve jusqu'à l'assemblée annuelle des actionnaires de 2026, lorsque les actionnaires seront invités à l'élire pour un mandat d'un an expirant à l'assemblée annuelle de 2027. Il n'a pas encore été nommé à aucun comité du conseil. La rémunération sera conforme à celle des autres administrateurs non exécutifs. L'entreprise a rapporté Aucune transaction avec des parties liées et aucune relation familiale impliquant M. Sasse.

SouthState Corporation hat seinen Vorstand von 14 auf 15 Mitglieder erweitert und Benjamin E. Sasse, 53 Jahre alt, in das neue Amt berufen. Sein Vorstandsterm begann am 21. Oktober 2025. Der Vorstand hat festgestellt, dass Herr Sasse gemäß den Anforderungen der NYSE an die Unternehmensführung unabhängig ist.

Herr Sasse bringt Erfahrungen aus Regierung und Führung der Hochschulbildung mit, darunter die Tätigkeit als US-Senator (2015–2023) und als Präsident der University of Florida. Derzeit ist er Präsident emeritus und Professor an der University of Florida und war seit April 2024 Direktor von Strategic Education, Inc.

Es wird erwartet, dass er bis zur Hauptversammlung der Aktionäre 2026 tätig bleibt, wenn die Aktionäre aufgefordert werden, ihn für eine einjährige Amtszeit zu wählen, die auf der Hauptversammlung 2027 endet. Er wurde noch keinem Ausschuss des Vorstands zugeteilt. Die Vergütung entspricht der anderer nicht-geschäftsführender Direktoren. Das Unternehmen meldete keine Transaktionen mit nahestehenden Parteien und keine familiären Beziehungen, die Herrn Sasse betreffen.

SouthState Corporation وسع مجلسها من 14 إلى 15 عضواً وعينت Benjamin E. Sasse، البالغ من العمر 53 عاماً، في المقعد الجديد. بدأ مجلسه في 21 أكتوبر 2025. قرر المجلس أن السيد Sasse مستقل وفق متطلبات حوكمة الشركات في NYSE.

يجلب السيد Sasse خبرة من الحكومة وقيادة التعليم العالي، بما في ذلك الخدمة كعضو مجلس شيوخ الولايات المتحدة (2015–2023) وكـرئيس لجامعة فلوريدا. وهو حالياً رئيس فخري وأستاذ في جامعة فلوريدا وشارك كمدير في Strategic Education, Inc. منذ أبريل 2024.

من المتوقع أن يستمر حتى اجتماع مساهمي 2026، حين يُطلب من المساهمين انتخابه لمدة عام واحد انتهاؤه في اجتماع 2027. لم يتم تعيينه بعد في أي لجان مجلس. ستكون التعويضات متوافقة مع بقية المدراء غير التنفيذيين. أبلغت الشركة عن عدم وجود معاملات مع طرف ذي صلة ولا وجود لعلاقات عائلية تتعلق بالسيد Sasse.

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SouthState Corporation ha ampliato il Consiglio di Amministrazione da 14 a 15 membri e ha nominato Benjamin E. Sasse, di 53 anni, per la nuova carica. Il suo mandato nel consiglio è iniziato il 21 ottobre 2025. Il Consiglio ha ritenuto che il signor Sasse sia indipendente secondo i requisiti di governance societaria della NYSE.

Il signor Sasse porta con sé esperienza nel governo e nella leadership dell'istruzione superiore, tra cui il servizio come senatore degli Stati Uniti (2015–2023) e come Presidente dell'Università della Florida. Attualmente ricopre la carica di presidente emerito e docente presso l'Università della Florida ed è stato amministratore di Strategic Education, Inc. dal aprile 2024.

Si prevede che rimanga in carica fino all'assemblea annuale degli azionisti del 2026, quando gli azionisti saranno chiamati a eleggerlo per un mandato di un anno in scadenza all'assemblea annuale del 2027. Non è stato ancora nominato a nessuna commissione del consiglio. La compensazione sarà coerente con quella degli altri amministratori non dipendenti. L'azienda ha riportato nessuna transazione con parti correlate e nessun rapporto di parentela riguardante il signor Sasse.

SouthState Corporation expandió su Junta Directiva de 14 a 15 miembros y nombró a Benjamin E. Sasse, de 53 años, para el nuevo puesto. Su mandato en la junta comenzó el 21 de octubre de 2025. La Junta determinó que el Sr. Sasse es independiente conforme a los requisitos de gobernanza corporativa de la NYSE.

El Sr. Sasse aporta experiencia en el gobierno y en liderazgo de la educación superior, incluyendo su servicio como Senador de los Estados Unidos (2015–2023) y como Presidente de la Universidad de Florida. Actualmente se desempeña como presidente emérito y profesor en la Universidad de Florida y ha sido director de Strategic Education, Inc. desde abril de 2024.

Se espera que sirva hasta la reunión anual de accionistas de 2026, cuando se pedirá a los accionistas que lo elijan para un mandato de un año que expira en la reunión anual de 2027. Aún no ha sido designado para ningún comité de la junta. La compensación será consistente con la de otros directores no ejecutivos. La empresa reportó ninguna transacción con partes relacionadas y ninguna relación familiar que involucre al Sr. Sasse.

SouthState Corporation은 이사회 구성을 14명에서 15명으로 확대하고 새 좌석에 Benjamin E. Sasse를 53세로 임명했습니다. 그의 이사회 임기는 2025년 10월 21일에 시작되었습니다. 이사회는 Sasse 씨가 NYSE 기업지배구조 요건에 따라 독립적이라고 판단했습니다.

Sasse 씨는 의정부 및 고등교육 리더십에서의 경험을 바탕으로 미국 상원의원(2015–2023) 및 플로리다 대학교 총장을 지낸 바 있습니다. 그는 현재 플로리다 대학교의 석좌 교수이자 교수로 재직 중이며 2024년 4월부터 Strategic Education, Inc.의 이사로 일하고 있습니다.

그는 2026년 주주총회까지 재직할 것으로 예상되며, 주주들은 2027년 주주총회에서 만료되는 1년 임기를 그에게 선출하도록 요청받게 됩니다. 그는 아직 어떤 이사회 위원회에도 임명되지 않았습니다. 보수는 다른 비근로자 이사들과 일치합니다. 회사는 관련자 거래 없음 및 Sasse 씨와 관련된 가족관계가 없다고 보고했습니다.

SouthState Corporation a étendu son conseil d'administration de 14 à 15 membres et a nommé Benjamin E. Sasse, âgé de 53 ans, au nouveau siège. Son mandat au conseil a commencé le 21 octobre 2025. Le conseil a déterminé que M. Sasse est indépendant selon les exigences de gouvernance d'entreprise de la NYSE.

M. Sasse apporte une expérience du gouvernement et du leadership dans l'enseignement supérieur, y compris son service en tant que sénateur américain (2015–2023) et en tant que président de l'Université de Floride. Il occupe actuellement le poste de président emérite et professeur à l'Université de Floride et est directeur de Strategic Education, Inc. depuis avril 2024.

Il est prévu qu'il serve jusqu'à l'assemblée annuelle des actionnaires de 2026, lorsque les actionnaires seront invités à l'élire pour un mandat d'un an expirant à l'assemblée annuelle de 2027. Il n'a pas encore été nommé à aucun comité du conseil. La rémunération sera conforme à celle des autres administrateurs non exécutifs. L'entreprise a rapporté Aucune transaction avec des parties liées et aucune relation familiale impliquant M. Sasse.

SouthState Corporation hat seinen Vorstand von 14 auf 15 Mitglieder erweitert und Benjamin E. Sasse, 53 Jahre alt, in das neue Amt berufen. Sein Vorstandsterm begann am 21. Oktober 2025. Der Vorstand hat festgestellt, dass Herr Sasse gemäß den Anforderungen der NYSE an die Unternehmensführung unabhängig ist.

Herr Sasse bringt Erfahrungen aus Regierung und Führung der Hochschulbildung mit, darunter die Tätigkeit als US-Senator (2015–2023) und als Präsident der University of Florida. Derzeit ist er Präsident emeritus und Professor an der University of Florida und war seit April 2024 Direktor von Strategic Education, Inc.

Es wird erwartet, dass er bis zur Hauptversammlung der Aktionäre 2026 tätig bleibt, wenn die Aktionäre aufgefordert werden, ihn für eine einjährige Amtszeit zu wählen, die auf der Hauptversammlung 2027 endet. Er wurde noch keinem Ausschuss des Vorstands zugeteilt. Die Vergütung entspricht der anderer nicht-geschäftsführender Direktoren. Das Unternehmen meldete keine Transaktionen mit nahestehenden Parteien und keine familiären Beziehungen, die Herrn Sasse betreffen.

SouthState Corporation وسع مجلسها من 14 إلى 15 عضواً وعينت Benjamin E. Sasse، البالغ من العمر 53 عاماً، في المقعد الجديد. بدأ مجلسه في 21 أكتوبر 2025. قرر المجلس أن السيد Sasse مستقل وفق متطلبات حوكمة الشركات في NYSE.

يجلب السيد Sasse خبرة من الحكومة وقيادة التعليم العالي، بما في ذلك الخدمة كعضو مجلس شيوخ الولايات المتحدة (2015–2023) وكـرئيس لجامعة فلوريدا. وهو حالياً رئيس فخري وأستاذ في جامعة فلوريدا وشارك كمدير في Strategic Education, Inc. منذ أبريل 2024.

من المتوقع أن يستمر حتى اجتماع مساهمي 2026، حين يُطلب من المساهمين انتخابه لمدة عام واحد انتهاؤه في اجتماع 2027. لم يتم تعيينه بعد في أي لجان مجلس. ستكون التعويضات متوافقة مع بقية المدراء غير التنفيذيين. أبلغت الشركة عن عدم وجود معاملات مع طرف ذي صلة ولا وجود لعلاقات عائلية تتعلق بالسيد Sasse.

SouthState Corporation 将其董事会从 14 名增至 15 名,并任命 Benjamin E. Sasse,53 岁,担任新席位。其董事任期自 2025 年 10 月 21 日 开始。董事会认定 Sasse 先生符合 NYSE 公司治理要求,属于 独立

Sasse 先生在政府和高等教育领导方面具有经验,包括担任美国参议员(2015–2023)以及佛罗里达大学校长。他目前担任佛罗里达大学名誉校长及教授,自 2024 年 4 月起担任 Strategic Education, Inc. 的董事。

预计他将任职至 2026 年股东大会,届时股东将被要求选举他担任为期一年的任期,该任期在 2027 年股东大会时到期。他尚未被任命到任何董事会委员会。薪酬将与其他非执行董事保持一致。公司报告称不存在 关联方交易,也不存在涉及 Sasse 先生的家庭关系。

0000764038false00007640382025-10-212025-10-21

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 24, 2025 (October 21, 2025)

Graphic

SOUTHSTATE BANK CORPORATION

(Exact name of registrant as specified in its charter)

Florida

(State or Other Jurisdiction of

Incorporation)

001-12669

(Commission File Number)

39-3424417

IRS Employer

Identification No.)

1101 First Street South, Suite 202

Winter Haven, FL

(Address of principal executive offices)

33880

(Zip Code)

(863) 293-4710

(Registrant’s telephone number, including area code)

SouthState Corporation

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $2.50 per share

SSB

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company       

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

.01

ITEM 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

On October 21, 2025, at a regularly scheduled quarterly meeting of the Board of Directors (the “Board”) of SouthState Bank Corporation (the “Company”), the Board unanimously approved increasing the board size from 14 to 15 members and appointed Benjamin (Ben) E. Sasse, age 53, to fill the new Board seat.

Since August 2024, Mr. Sasse has served as president emeritus and professor in the Hamilton School at the University of Florida, Gainesville, Florida. Prior to that, Mr. Sasse served as the 13th President of the University of Florida. Prior to his appointment as UF President, Mr. Sasse served from 2015 – 2023 as United States Senator from the State of Nebraska, serving on the Finance, Intelligence, Judiciary, Banking, and Budget Committees. Prior to being elected as a U.S. Senator, Mr. Sasse was the 15th President of Midland University, Fremont, Nebraska (2010 – 2014). Prior to his appointment as Midland’s President, Mr. Sasse was an assistant professor at the University of Texas at Austin (2004 – 2009), served as an assistant secretary in the U.S. Department of Health and Human Services (2007-2009), held posts in other U.S. government agencies (2003 – 2005), and served intermittently for over a decade (1994 – 2010) as strategic advisor to various corporate and non-profit organizations through roles with the Boston Consulting Group, McKinsey & Company, and independently.

Mr. Sasse received a Bachelor of Arts from Harvard University, a Master of Arts from St. John’s College Annapolis, and two masters degrees and a PhD from Yale University.

Mr. Sasse has advised many non-profit organizations in the past, but his community activity currently centers around Faith Presbyterian Church, Gainesville, Florida, and Grace Presbyterian Church, Fremont, Nebraska.  Since April 2024, he has served on the board of directors of Strategic Education Incorporated (SEI), Herndon, Virginia.

Mr. Sasse’s background in government, strategic planning and thinking, finance, and managing diverse organizations will provide the Board with a valuable perspective and insight as it continues to grow into a larger regional organization and help position the Company for future success.

Mr. Sasse’s board term commenced on October 21, 2025, and it is anticipated that Mr. Sasse will serve until the 2026 annual meeting of shareholders, at which time the shareholders of the Company will be asked to elect Mr. Sasse for a one-year term expiring as of the 2027 annual meeting of shareholders. The Board has determined that Mr. Sasse is independent under the corporate governance requirements of the New York Stock Exchange. As of the date hereof, the Board has not appointed Mr. Sasse to any committees of the Board and thus information about his committee service is not yet determined. For his service on the Board, Mr. Sasse will receive compensation consistent with that of other non-employee directors. There are no transactions since the beginning of the Company’s last fiscal year in which the Company is a participant and in which Mr. Sasse or any members of Mr. Sasse’s immediate family have any interest that are required to be reported under Item 404(a) of Regulation S-K. No family relationships exist between Mr. Sasse and any of the Company’s directors or executive officers.

.01

ITEM 9.01

Financial Statements and Exhibits.

(d) Exhibits.

In most cases, documents incorporated by reference to exhibits that have been filed with our reports or proxy statements under the Securities Exchange Act of 1934 are available to the public over the Internet from the SEC’s web site at www.sec.gov. You may also read and copy any such document at the SEC’s public reference room located at 100 F Street, N.E., Room 1580, Washington, D.C. 20549 under our SEC file number (001 12669).

(d)Exhibits.

Exhibit No.

Description

99.1

Press release dated October 24, 2025

104

Cover Page Interactive Data File (formatted as inline XBRL document)

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SOUTHSTATE BANK CORPORATION

(Registrant)

By:

/s/ William E. Matthews, V

William E. Matthews, V

Senior Executive Vice President and

Chief Financial Officer

Dated: October 24, 2025

3

Southstate Corporation

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