SouthState Bank (SSB) awards 1,050 Restricted Share Units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cooper Shantella E. reported acquisition or exercise transactions in this Form 4 filing.
SouthState Bank Corp director Shantella E. Cooper received a grant of 1,050 Restricted Share Units (RSUs) tied to common stock. The RSUs were granted at a reference value of $97.48 per unit and represent 1,050 underlying common shares. This award was made as part of the stock component of the annual director fees and is structured as time-vested RSUs that cliff vested on November 1, 2026. Following this Form 4 report, Cooper’s directly held RSU balance from this grant is 1,050 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cooper Shantella E.
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)
- [object Object]
Key Figures
RSUs granted: 1,050 units
RSU reference price: $97.48 per unit
Underlying common shares: 1,050 shares
+2 more
5 metrics
RSUs granted
1,050 units
Restricted Share Units granted to director on May 1, 2026
RSU reference price
$97.48 per unit
Transaction price and conversion price for RSU grant
Underlying common shares
1,050 shares
Shares underlying the granted RSUs
Post-transaction RSU holdings
1,050 units
Total derivative securities following transaction for this grant
RSU expiration date
November 1, 2026
Expiration date listed for the RSU award
Key Terms
Restricted Share Units, cliff vested, annual director fees, Form 4
4 terms
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."
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.
FAQ
What insider transaction did SouthState Bank Corp (SSB) report for Shantella E. Cooper?
SouthState Bank Corp reported an equity award to director Shantella E. Cooper. She received 1,050 Restricted Share Units representing 1,050 shares of common stock as part of her annual director compensation, rather than buying or selling shares in the open market.
What was the reference price for the SouthState Bank Corp (SSB) RSU grant?
The RSU grant used a reference value of $97.48 per unit. This figure is shown as the transaction price and conversion price for the 1,050 Restricted Share Units awarded, helping quantify the size of the stock-based compensation.
Are the SouthState Bank Corp (SSB) RSUs immediately vested for the director?
No, the RSUs were structured as time-vested awards. The footnote explains that the 1,050 Restricted Share Units were granted as part of annual director fees and cliff vested on November 1, 2026, after the specified vesting period.
How many SouthState Bank Corp (SSB) RSUs does the director hold after this transaction?
After the reported transaction, Shantella E. Cooper holds 1,050 RSUs from this grant. The Form 4 shows total derivative securities following the transaction of 1,050 units, all held as direct ownership in Restricted Share Units.