SouthState Bank Corp (SSB) insider details RSU vesting and tax-share disposal
Rhea-AI Filing Summary
SouthState Bank Corp’s Chief Administrative Officer reported routine equity transactions related to previously granted restricted stock units. On 01/01/2026, common shares from three time-vested RSU awards vested, resulting in acquisitions of 366, 379, and 420 shares at a price of $0.00 as the units converted into stock. These RSUs were originally granted in 2023, 2024, and 2025 with one-third vesting each January 1 over three years.
Also on 01/01/2026, 382 shares of common stock were withheld at a price of $94.11 per share to cover tax liabilities tied to these issuances under Rule 16(b)-3. After these transactions, the reporting person directly beneficially owned 17,242 shares of SouthState Bank Corp common stock.
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FAQ
What insider equity transactions did SouthState Bank Corp (SSB) report on 01/01/2026?
The Chief Administrative Officer reported RSU-related transactions on 01/01/2026, including the vesting and share issuance from three time-vested RSU awards and a share withholding to cover taxes.
How many SouthState Bank Corp (SSB) shares vested from RSUs in this filing?
RSU vesting on 01/01/2026 resulted in issuances of 366, 379, and 420 common shares, tied to awards granted in 2023, 2024, and 2025.
Why were SouthState Bank Corp (SSB) shares withheld in this insider transaction?
The filing states that 382 shares were disposed of at $94.11 per share to withhold stock for the tax liability associated with securities issued in accordance with Rule 16(b)-3.
What is the reporting person’s role at SouthState Bank Corp (SSB)?
The reporting person is an officer of SouthState Bank Corp, serving as Chief Administrative Officer.
How many SouthState Bank Corp (SSB) shares does the officer own after these transactions?
Following the reported RSU vesting and tax withholding, the officer directly beneficially owned 17,242 shares of SouthState Bank Corp common stock.
Were the SouthState Bank Corp (SSB) transactions linked to a Rule 10b5-1 trading plan?
The form includes a checkbox for indicating transactions made under a Rule 10b5-1(c) plan, but the provided excerpt does not show that this box was marked.