SouthState Bank Corp (SSB) director awarded 1,050 restricted share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SNIVELY JOSHUA A reported acquisition or exercise transactions in this Form 4 filing.
SouthState Bank Corp director Joshua A. Snively received a grant of 1,050 Restricted Share Units (RSUs) tied to the company’s common stock. The RSUs were granted at a reference value of $97.48 per unit and are part of the stock component of his annual director fees.
Following this compensation-related award, Snively holds 1,050 RSUs directly. According to the footnote, these time-vested RSUs were granted on May 1, 2026 and cliff vested on November 1, 2026, meaning the full award vested at a single date rather than gradually.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SNIVELY JOSHUA A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 1,050 | $97.48 | $102K |
Holdings After Transaction:
Restricted Share Units — 1,050 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,050 units
RSU reference price: $97.48 per unit
RSUs held after grant: 1,050 units
+2 more
5 metrics
RSUs granted
1,050 units
Restricted Share Units granted to director on May 1, 2026
RSU reference price
$97.48 per unit
Transaction price per RSU for the award
RSUs held after grant
1,050 units
Total Restricted Share Units following the transaction
Underlying common shares
1,050 shares
Common stock underlying the RSUs
RSU expiration date
November 1, 2026
Expiration date disclosed for the RSU award
Key Terms
Restricted Share Units, time vested, cliff vested, annual director fees
4 terms
time vested financial
"Number of common shares issued pursuant to the time vested Restricted Share Units ("RSUs")"
cliff vested financial
"These RSUs cliff vested on 11/1/2026."
annual director fees financial
"granted on 5/1/2026 as part of the stock component of the annual director fees."
FAQ
What insider transaction did SouthState Bank Corp (SSB) report for Joshua A. Snively?
SouthState Bank Corp reported that director Joshua A. Snively received 1,050 Restricted Share Units. The RSUs relate to the company’s common stock and represent a stock-based compensation grant rather than an open-market share purchase or sale.
What was the reference price for Joshua A. Snively’s RSU grant at SouthState Bank Corp (SSB)?
The RSU grant to Joshua A. Snively used a reference value of $97.48 per unit. This price is used for valuation and disclosure purposes and does not indicate an open-market purchase transaction by the director.
How many SouthState Bank Corp (SSB) RSUs does Joshua A. Snively hold after this transaction?
After this RSU grant, Joshua A. Snively holds 1,050 Restricted Share Units directly. This reflects the full award reported in the filing and shows his equity-based compensation position from this specific grant.
How and when do Joshua A. Snively’s SouthState Bank Corp (SSB) RSUs vest?
The filing states these RSUs are time vested and cliff vested on November 1, 2026. Cliff vesting means the entire 1,050-unit award vests at that single date instead of vesting gradually over multiple periods.