STOCK TITAN

SouthState Bank Corp (SSB) director awarded 506 shares in lieu of cash retainer

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

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.

Positive

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Negative

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Insider Hertz Douglas J.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 506 $96.46 $49K
Holdings After Transaction: Common Stock — 19,008 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 506 shares Director stock grant on May 4, 2026
Grant price per share $96.46 per share Implied value for Common Stock grant
Shares held after grant 19,008 shares Douglas J. Hertz direct Common Stock holdings post-transaction
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant/award acquisition financial
""transaction_action": "grant/award acquisition""
quarterly cash retainer payment financial
"in lieu of quarterly cash retainer payment."
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
Hertz Douglas J.

(Last)(First)(Middle)
1101 FIRST STREET SOUTH, SUITE 202

(Street)
WINTER HAVEN FLORIDA 33880

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SouthState Bank Corp [ SSB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/04/202605/04/2026A(1)506A$96.4619,008D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Common stock issued to the reporting Director in lieu of quarterly cash retainer payment.
Remarks:
William E. Matthews, V, CFO, pursuant to power of attorney05/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SouthState Bank Corp (SSB) report for Douglas J. Hertz?

SouthState Bank Corp reported that director Douglas J. Hertz received 506 shares of Common Stock as a grant on May 4, 2026. The shares were issued in lieu of his quarterly cash retainer, making this a compensation-related stock award rather than a market trade.

Was the SouthState Bank Corp (SSB) Form 4 transaction a stock purchase or a grant?

The Form 4 transaction was a stock grant, not a purchase. Douglas J. Hertz received 506 shares of Common Stock as a grant/award acquisition, issued instead of receiving his quarterly cash retainer, according to the filing footnote.

What was the implied value of Douglas J. Hertz’s SouthState Bank Corp (SSB) stock grant?

The grant to Douglas J. Hertz was 506 shares valued at $96.46 per share. This implies total consideration of roughly $48,800 for his quarterly director retainer, paid in SouthState Bank Corp Common Stock rather than cash.

How many SouthState Bank Corp (SSB) shares does Douglas J. Hertz hold after this Form 4 transaction?

After the reported grant, Douglas J. Hertz directly holds 19,008 shares of SouthState Bank Corp Common Stock. This total reflects his position following the addition of 506 shares received as a director compensation award on May 4, 2026.

Does the SouthState Bank Corp (SSB) Form 4 indicate any stock sales by Douglas J. Hertz?

The Form 4 does not report any stock sales by Douglas J. Hertz. It only shows an acquisition of 506 shares through a grant/award, issued as compensation in place of his quarterly cash retainer for board service.