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SouthState Bank Corp (SSB) awards PSUs and RSUs to credit chief

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(Neutral)
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(Neutral)
Form Type
4

Rhea-AI Filing Summary

SouthState Bank Corp’s Chief Credit Officer, Daniel E. Bockhorst, reported equity awards in the form of performance share units and restricted share units. On January 20, 2026, he was granted 2,519 Performance Share Units (PSUs) at a reference price of $96.88 each, which will vest after a three-year performance period ending December 31, 2028. Each PSU is exchangeable for one share of common stock after vesting.

He was also granted 1,680 time-vested Restricted Share Units (RSUs) at $96.88 per unit, vesting in three equal installments on January 1, 2027, 2028 and 2029, with each RSU convertible into one share of common stock upon vesting. Following these awards, he beneficially owns 8,734 PSUs and 4,607 RSUs, all held directly.

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Insider BOCKHORST DANIEL E
Role Chief Credit Officer
Type Security Shares Price Value
Grant/Award Performance Share Units 2,519 $96.88 $244K
Grant/Award Restricted Share Units 1,680 $96.88 $163K
Holdings After Transaction: Performance Share Units — 8,734 shares (Direct); Restricted Share Units — 4,607 shares (Direct)
Footnotes (1)
  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. 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.
Form 4 Insider Transactions: What Each Field Means →
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*
BOCKHORST DANIEL E
(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)
Chief Credit Officer
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 2,519 (1) 12/31/2028 Common Stock 2,519 $96.88 8,734 D
Restricted Share Units(2) $96.88 01/20/2026 01/20/2026 A 1,680 (2) 01/01/2029 Common Stock 1,680 $96.88 4,607 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.

Source: View Original Filing on SEC EDGAR

FAQ

What equity awards did SouthState Bank Corp (SSB) grant to Daniel E. Bockhorst?

Daniel E. Bockhorst, Chief Credit Officer of SouthState Bank Corp (SSB), received 2,519 Performance Share Units (PSUs) and 1,680 Restricted Share Units (RSUs) on January 20, 2026, both at a reference price of $96.88 per unit.

How do the Performance Share Units for SouthState Bank Corp (SSB) vest?

The 2,519 PSUs awarded on January 20, 2026 vest following a three-year performance period ending on December 31, 2028. After vesting, each PSU is exchangeable for one share of SouthState Bank Corp common stock.

What is the vesting schedule for the RSUs reported by SouthState Bank Corp (SSB)?

The 1,680 RSUs granted to the Chief Credit Officer vest in three equal installments, with one third vesting on January 1, 2027, one third on January 1, 2028, and one third on January 1, 2029. Each vested RSU converts into one share of common stock.

How many derivative equity units does the SouthState Bank Corp (SSB) officer own after these grants?

After the reported transactions, Daniel E. Bockhorst beneficially owns 8,734 Performance Share Units and 4,607 Restricted Share Units, all held directly.

Were the SouthState Bank Corp (SSB) transactions purchases or awards?

The transactions reported are coded as A (awards), indicating grants of PSUs and RSUs to the officer rather than market purchases or sales.

What does the $96.88 figure represent in the SouthState Bank Corp (SSB) Form 4?

The filing lists a value of $96.88 per unit for both the PSUs and RSUs, reflecting the reference price used for these derivative equity awards on the grant date.