SouthState Bank (SSB) director awarded 1,050 RSUs as annual stock fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brooks David R reported acquisition or exercise transactions in this Form 4 filing.
SouthState Bank Corp director David R. Brooks received a grant of 1,050 Restricted Share Units on common stock as part of the stock component of his annual director fees. The RSUs were granted at $97.48 per unit and are scheduled to cliff vest on November 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brooks David R
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
Grant price per RSU: $97.48 per unit
Underlying common shares: 1,050 shares
+1 more
4 metrics
RSUs granted
1,050 units
Restricted Share Units granted to director on May 1, 2026
Grant price per RSU
$97.48 per unit
Conversion or exercise price for the RSU award
Underlying common shares
1,050 shares
Common stock underlying the RSU grant
RSU vesting date
November 1, 2026
RSUs cliff vested on this date per footnote
Key Terms
Restricted Share Units, cliff vested, annual director fees, grant, award, or other acquisition
4 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."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did SouthState Bank Corp (SSB) report for David R. Brooks?
SouthState Bank Corp reported that director David R. Brooks received a grant of 1,050 Restricted Share Units on common stock. This award is part of the stock component of his annual director fees and represents compensation, not an open-market stock purchase or sale.
When do David R. Brooks’ SouthState RSUs vest according to the filing?
The filing states that the 1,050 Restricted Share Units cliff vested on November 1, 2026. Cliff vesting means the entire award becomes fully vested at that single date, rather than gradually over time, aligning with the company’s annual director fee structure.