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SouthState Bank (NASDAQ: SSB) CFO receives new PSU and RSU awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SouthState Bank Corp Chief Financial Officer William E. Matthews V reported new equity awards in the form of performance and restricted share units. On 01/20/2026 he was granted 6,071 Performance Share Units at a reference price of $96.88, which will vest after a three-year performance period ending December 31, 2028 and are exchangeable into common stock on a 1-for-1 basis after vesting.

He was also granted 4,047 time-vested Restricted Share Units at the same $96.88 reference price, vesting in three equal installments on January 1, 2027, 2028 and 2029, each RSU also convertible into one share of common stock after vesting. Following these awards, he beneficially owned 22,061 Performance Share Units and 7,587 Restricted Share Units, all held directly.

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Insider MATTHEWS WILLIAM E V
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Performance Share Units 6,071 $96.88 $588K
Grant/Award Restricted Share Units 4,047 $96.88 $392K
Holdings After Transaction: Performance Share Units — 22,061 shares (Direct); Restricted Share Units — 7,587 shares (Direct)
Footnotes (1)
  1. Number of Performance Share Units ("PSUs") at target awarded on 1/20/26. The awards will vest following the 3-year performance period ending December 31, 2028. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date. Number of time-vested Restricted Share Units ("RSUs") awarded on 1/20/26. The awards will vest at a rate of one third on each January 1st, 2027, 2028 and 2029. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MATTHEWS WILLIAM E V
(Last) (First) (Middle)
1101 FIRST STREET SOUTH, SUITE 202
(Street)
WINTER HAVEN FL 33880
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SouthState Bank Corp [ SSB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Units(1) $96.88 01/20/2026 01/20/2026 A 6,071 (1) 12/31/2028 Common Stock 6,071 $96.88 22,061 D
Restricted Share Units(2) $96.88 01/20/2026 01/20/2026 A 4,047 (2) 01/01/2029 Common Stock 4,047 $96.88 7,587 D
Explanation of Responses:
1. Number of Performance Share Units ("PSUs") at target awarded on 1/20/26. The awards will vest following the 3-year performance period ending December 31, 2028. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
2. Number of time-vested Restricted Share Units ("RSUs") awarded on 1/20/26. The awards will vest at a rate of one third on each January 1st, 2027, 2028 and 2029. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
Remarks:
The timing of the filing was due to an administrative delay.
William E. Matthews, V 01/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SouthState Bank Corp (SSB) report for its CFO?

SouthState Bank Corp reported that its Chief Financial Officer, William E. Matthews V, received new equity awards on 01/20/2026, consisting of Performance Share Units and Restricted Share Units that are each exchangeable into common stock on a 1-for-1 basis after vesting.

How many Performance Share Units were granted to the SouthState (SSB) CFO?

The CFO was granted 6,071 Performance Share Units (PSUs) at a reference price of $96.88. After this grant, he beneficially owned 22,061 PSUs, held directly.

What is the vesting schedule for the Performance Share Units granted to SSBs CFO?

The Performance Share Units awarded on 01/20/2026 will vest following a three-year performance period ending December 31, 2028. Once vested, each unit can be exchanged for one share of SouthState common stock.

How many Restricted Share Units did the SouthState (SSB) CFO receive and when do they vest?

The CFO received 4,047 Restricted Share Units (RSUs) at a reference price of $96.88. These RSUs vest in three equal installments on January 1, 2027, January 1, 2028, and January 1, 2029, and each RSU is exchangeable for one share of common stock after vesting.

How many Restricted Share Units does the SouthState Bank Corp (SSB) CFO hold after this Form 4?

Following the reported transaction, the CFO beneficially owned 7,587 Restricted Share Units, all held in direct ownership.

Are the equity awards to the SouthState (SSB) CFO reported as direct or indirect ownership?

The Form 4 indicates that both the Performance Share Units and Restricted Share Units are held under direct (D) ownership by the CFO.

Did the SouthState (SSB) Form 4 mention any reason for the filing timing?

Yes. The remarks section states that the timing of the filing was due to an administrative delay.