SouthState Bank Corp (SSB) CEO discloses RSU shares vested and tax withholding
Rhea-AI Filing Summary
SouthState Bank Corp insider, who serves as both Director and CEO, reported equity transactions dated 01/01/2026. The filing shows the issuance of 4,808, 5,011, and 4,032 shares of common stock upon vesting of previously granted time-vested restricted stock units at an exercise price of $0.00 per share. These RSUs were originally awarded in 2023, 2024, and 2025 with vesting in one-third installments each January 1 over three years. The insider also disposed of 6,926 shares of common stock at a price of $94.11 per share to cover tax liabilities related to these awards. Following these transactions, the insider directly beneficially owned 114,675 shares of SouthState Bank Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 4,808 | $0.00 | -- |
| Exercise | Common Stock | 5,011 | $0.00 | -- |
| Exercise | Common Stock | 4,032 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,926 | $94.11 | $652K |
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 activity did SouthState Bank Corp (SSB) report on 01/01/2026?
The filing reports that the Director and CEO of SouthState Bank Corp had time-vested restricted stock units vest on 01/01/2026, resulting in issuances of 4,808, 5,011, and 4,032 shares of common stock, along with a related tax-withholding share disposition.
What is the insider’s role at SouthState Bank Corp (SSB)?
The reporting person is identified as both a Director and an Officer, serving in the role of CEO of SouthState Bank Corp.
How do the SouthState Bank Corp (SSB) RSUs vest over time?
The RSUs described vest in three equal installments of one third each on January 1 of three consecutive years following the grant dates in 2023, 2024, and 2025, with one installment vesting on 01/01/2026 for each award.