Director Merriann Metz gets 1,050 RSUs at SouthState Bank Corp (NASDAQ: SSB)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
METZ MERRIANN reported acquisition or exercise transactions in this Form 4 filing.
SouthState Bank Corp director Merriann Metz received a grant of 1,050 Restricted Share Units (RSUs) on May 1, 2026 as part of the stock component of annual director fees. Each RSU relates to one share of common stock at a reference price of $97.48 per share.
These RSUs were structured to cliff vest on November 1, 2026, meaning all units vest at once on that date rather than gradually over time. Following this compensation grant, Metz’s reported direct holdings from this award total 1,050 underlying common shares linked to the RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
METZ MERRIANN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 1,050 | $97.48 | $102K |
Holdings After Transaction:
Restricted Share Units — 1,050 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,050 units
Reference price per RSU: $97.48 per unit
Underlying shares: 1,050 shares
+2 more
5 metrics
RSUs granted
1,050 units
Restricted Share Units granted on May 1, 2026
Reference price per RSU
$97.48 per unit
Grant and conversion/exercise price for RSUs
Underlying shares
1,050 shares
Common stock underlying the RSU award
Shares after transaction
1,050 shares
Total reported holdings following the RSU grant
Cliff vest date
November 1, 2026
Date when all RSUs vested at once
Key Terms
Restricted Share Units, RSUs, cliff vested, annual director fees
4 terms
RSUs financial
"These RSUs cliff vested on 11/1/2026."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
cliff vested financial
"These RSUs cliff vested on 11/1/2026."
annual director fees financial
"granted on 5/1/2026 as part of the stock component of the annual director fees."