SouthState Bank Corp (SSB) director granted 1,050 RSUs as annual equity fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SouthState Bank Corp director Janet P. Froetscher received a grant of 1,050 Restricted Share Units (RSUs) tied to the company’s common stock. The RSUs were granted on May 1, 2026 as the stock component of her annual director fees at a reference value of $97.48 per unit.
These time-vested RSUs were structured to convert into 1,050 common shares and cliff vested on November 1, 2026, meaning all units vested at once on that date. This is a compensation-related equity award rather than an open-market purchase, and it increased her directly held equity position to 1,050 shares linked to this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Froetscher Janet P
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)
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Key Figures
RSUs granted: 1,050 units
Grant value per unit: $97.48 per RSU
Underlying common shares: 1,050 shares
+2 more
5 metrics
RSUs granted
1,050 units
Restricted Share Units granted on May 1, 2026
Grant value per unit
$97.48 per RSU
Reference price for RSU grant on May 1, 2026
Underlying common shares
1,050 shares
Common stock underlying the RSU award
Shares after transaction
1,050 units
Total RSU-related position following this grant
RSU vesting date
November 1, 2026
Cliff vesting date for the 1,050 RSUs
Key Terms
Restricted Share Units, cliff vested, annual director fees
3 terms
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 did SouthState Bank Corp (SSB) director Janet P. Froetscher report on this Form 4?
Janet P. Froetscher reported receiving a grant of 1,050 Restricted Share Units from SouthState Bank Corp. These RSUs are part of her annual director fees and convert into an equal number of common shares once vested, increasing her equity-based compensation in the company.
How many SouthState Bank Corp (SSB) RSUs were granted to Janet P. Froetscher and at what value?
She was granted 1,050 Restricted Share Units with a reference value of $97.48 per unit. Each RSU represents the right to receive one share of SouthState Bank Corp common stock upon vesting, forming the stock-based portion of her annual director compensation.
When were Janet P. Froetscher’s SouthState Bank Corp (SSB) RSUs granted and when did they vest?
The RSUs were granted on May 1, 2026 and cliff vested on November 1, 2026. Cliff vesting means all 1,050 units became fully vested at once on that date, rather than vesting gradually over multiple periods.
Are Janet P. Froetscher’s SouthState Bank Corp (SSB) RSUs an open-market stock purchase?
No, the 1,050 RSUs are a compensation-related grant, not an open-market purchase. They were issued as the stock component of her annual director fees and convert into common shares upon vesting, without her buying shares on the open market.
How did this RSU grant affect Janet P. Froetscher’s SouthState Bank Corp (SSB) holdings?
Following the grant, her directly held position associated with this award is 1,050 units linked to common stock. Once the RSUs cliff vested on November 1, 2026, they represented 1,050 common shares, increasing her equity exposure to SouthState Bank Corp through director compensation.