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Equity awards to SouthState (SSB) CRO Beth S. DeSimone

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

Rhea-AI Filing Summary

SouthState Bank Corp executive Beth S. DeSimone, CRO and General Counsel, received new equity awards. On 01/20/2026, she was awarded 2,915 Performance Share Units at a reference price of $96.88 per unit. These PSUs are at target and will vest after a 3-year performance period ending on December 31, 2028, and each vested unit can be exchanged for one share of SouthState common stock.

She was also granted 1,944 time-vested Restricted Share Units at $96.88 per unit. These RSUs vest in three equal installments on January 1, 2027, January 1, 2028, and January 1, 2029, with each vested unit exchangeable 1-for-1 into common stock. All positions are reported as directly owned, and the filing notes the timing was affected by an administrative delay.

Positive

  • None.

Negative

  • None.
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
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*
DeSimone Beth S

(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)
CRO, General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026
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
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
Performance Share Units(1) $96.88 01/20/2026 01/20/2026 A 2,915 (1) 12/31/2028 Common Stock 2,915 $96.88 10,153 D
Restricted Share Units(2) $96.88 01/20/2026 01/20/2026 A 1,944 (2) 01/01/2029 Common Stock 1,944 $96.88 3,583 D
Explanation of Responses:
1. Number of Performance Share Units ("PSUs") at target awarded on 1/20/26. The awards will vest following the 3-year performance period ending December 31, 2028. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
2. Number of time-vested Restricted Share Units ("RSUs") awarded on 1/20/26. The awards will vest at a rate of one third on each January 1st, 2027, 2028 and 2029. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
Remarks:
The timing of the filing was due to an administrative delay.
William E. Matthews, V, CFO, pursuant to power of attorney 01/26/2026
** 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).
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.

FAQ

What insider transaction did SouthState Bank Corp (SSB) report for Beth S. DeSimone?

SouthState Bank Corp reported that Beth S. DeSimone, its CRO and General Counsel, received awards of Performance Share Units (PSUs) and Restricted Share Units (RSUs) on January 20, 2026.

How many Performance Share Units were granted to Beth S. DeSimone at SouthState (SSB)?

Beth S. DeSimone was granted 2,915 Performance Share Units at a reference price of $96.88 per unit. These PSUs are at target and each vested unit can convert into one share of common stock after vesting.

What is the vesting schedule for the PSUs granted to the SouthState (SSB) CRO?

The PSUs awarded on 01/20/2026 will vest following a 3-year performance period that ends on December 31, 2028, after which each unit is exchangeable 1-for-1 into SouthState common stock.

How many Restricted Share Units did Beth S. DeSimone receive from SouthState (SSB)?

She received 1,944 Restricted Share Units at $96.88 per unit. Each RSU can be exchanged for one share of common stock once it vests.

What is the vesting schedule for the RSUs granted to the SouthState (SSB) CRO and General Counsel?

The RSUs vest in three equal installments, with one third vesting on January 1, 2027, one third on January 1, 2028, and the final third on January 1, 2029, after which they are exchangeable 1-for-1 into common stock.

Are the equity awards to Beth S. DeSimone at SouthState (SSB) held directly or indirectly?

The Form 4 indicates that the PSUs and RSUs are held directly by Beth S. DeSimone, as shown by the ownership code "D" for direct ownership and without any indirect ownership footnote.

Why was the SouthState (SSB) Form 4 for Beth S. DeSimone filed later than the transaction date?

The remarks state that the timing of the filing was due to an administrative delay, indicating the late submission was attributed to an administrative issue.

SouthState Bank

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United States
WINTER HAVEN