SouthState Bank (SSB) president gets PSU shares, withholds stock for taxes

Rhea-AI Filing Summary

SouthState Bank Corp President Richard IV Murray reported equity compensation-related transactions in company common stock. He acquired 5,945 shares on February 20, 2026 from the vesting and exercise of previously awarded performance share units covering a three-year performance period. On the same date, 2,680 shares were disposed of to cover tax withholding obligations, leaving him with 56,237 directly owned shares.

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

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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^*

MURRAY RICHARD IV

(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)
	President

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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
Common Stock	02/20/2026	02/20/2026	M(1)		5,945	A	$0.00	58,917	D
Common Stock	02/20/2026	02/20/2026	F(2)		2,680	D	$105.44	56,237	D

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

Explanation of Responses:

1. Number of common shares issued pursuant to the Performance Share Units ("PSUs") awarded on 1/24/23; PSUs vested after the 3-year performance period ending December 31, 2025.

2. Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.

Remarks:

	William E. Matthews, V, CFO, pursuant to power of attorney	02/23/2026
	** 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).
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FAQ

What insider transactions did SouthState Bank Corp (SSB) report for Richard IV Murray?

Richard IV Murray reported exercising performance share units for 5,945 SouthState Bank Corp common shares, then disposing of 2,680 shares to cover tax withholding. These transactions are compensation-related rather than open-market purchases or sales, and all reported holdings are directly owned.

Was the SouthState Bank Corp (SSB) Form 4 transaction an open-market sale or purchase?

The Form 4 shows no open-market trades. Shares were acquired through exercising performance share units and some were disposed of solely to satisfy tax withholding obligations, as permitted under Rule 16(b)-3, rather than through discretionary market buying or selling.

How many SouthState Bank Corp (SSB) shares does Richard IV Murray now directly own?

After the February 20, 2026 transactions, Richard IV Murray directly owns 56,237 shares of SouthState Bank Corp common stock. This figure reflects both the performance share unit issuance and the shares withheld to pay applicable tax liabilities on the award.

What triggered the new SouthState Bank Corp (SSB) shares issued to Richard IV Murray?

The new shares resulted from performance share units awarded on January 24, 2023, which vested after a three-year performance period ending December 31, 2025. Upon vesting and exercise, 5,945 SouthState Bank Corp common shares were issued to Richard IV Murray.

Why were 2,680 SouthState Bank Corp (SSB) shares disposed of in the Form 4 filing?

The 2,680 shares were withheld to pay tax liabilities associated with the vested performance share units. The filing specifies this disposition was for tax withholding under Rule 16(b)-3, not a discretionary open-market sale of SouthState Bank Corp shares.