SouthState Bank Corp (SSB) CFO discloses stock vesting and tax share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SouthState Bank Corp’s chief financial officer reported equity award activity and related tax withholding in company stock. On 01/01/2026, three time-vested restricted stock unit (RSU) tranches vested, resulting in acquisitions of 1,156, 1,254, and 1,144 shares of common stock at a stated price of $0.00 per share as the awards settled. These RSUs were originally granted in 2023, 2024, and 2025 with vesting in equal thirds on specified January 1 dates.
Also on 01/01/2026, 1,787 shares of common stock were disposed of at $94.11 per share to cover tax liabilities associated with the vested securities. After these transactions, the reporting person beneficially owned 40,442 shares of SouthState Bank Corp common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
MATTHEWS WILLIAM E V
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 1,156 | $0.00 | -- |
| Exercise | Common Stock | 1,254 | $0.00 | -- |
| Exercise | Common Stock | 1,144 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,787 | $94.11 | $168K |
Holdings After Transaction:
Common Stock — 39,831 shares (Direct)
Footnotes (1)
- Number of common shares issued pursuant to the time vested RSU vested on 1/1/2026; RSU were awarded on 1/24/2023, vesting at a rate of one third on each January 1st, 2024, 2025 and 2026. Number of common shares issued pursuant to the time vested RSU vested on 1/1/2026; RSU were awarded on 1/23/2024, vesting at a rate of one third on each January 1st, 2025, 2026 and 2027. Number of common shares issued pursuant to the time vested RSU vested on 1/1/2026; RSU were awarded on 1/21/2025, vesting at a rate of one third on each January 1st, 2026, 2027 and 2028. Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.
FAQ
What insider transactions did SouthState Bank Corp (SSB) report on 01/01/2026?
On 01/01/2026, the chief financial officer reported multiple RSU vesting events that resulted in common stock acquisitions and a related share withholding to cover taxes.
What is the relationship of the reporting person to SouthState Bank Corp (SSB)?
The reporting person is an officer of SouthState Bank Corp, serving as the Chief Financial Officer.
Were the SouthState Bank Corp (SSB) transactions reported by one or multiple insiders?
The form indicates it was a Form filed by One Reporting Person, covering only this chief financial officer.