SouthState director receives 506-share stock grant
Hertz Douglas J. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Hertz Douglas J. reported acquisition or exercise transactions in this Form 4 filing.
SouthState Bank Corp director Douglas J. Hertz received 506 shares of Common Stock on May 4, 2026 as a grant/award. The shares were valued at $96.46 per share and were issued in lieu of his quarterly cash retainer payment as a director.
After this stock grant, Hertz directly holds 19,008 shares of SouthState Bank Corp common stock. This is a compensation-related award, not an open-market purchase, and reflects part of his regular board remuneration being paid in stock instead of cash.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 506 | $96.46 | $49K |
Footnotes (1)
- F1. Common stock issued to the reporting Director in lieu of quarterly cash retainer payment.
Key Figures
Key Terms
Form 4 regulatory
grant/award acquisition financial
quarterly cash retainer payment financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SouthState Bank Corp (SSB) report for Douglas J. Hertz?
Was the SouthState Bank Corp (SSB) Form 4 transaction a stock purchase or a grant?
What was the implied value of Douglas J. Hertz’s SouthState Bank Corp (SSB) stock grant?
Does the SouthState Bank Corp (SSB) Form 4 indicate any stock sales by Douglas J. Hertz?
AI-generated analysis. How Rhea-AI works. Not financial advice.