SouthState Bank (NASDAQ: SSB) director receives 260-share stock retainer grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
POU WILLIAM K JR reported acquisition or exercise transactions in this Form 4 filing.
SouthState Bank Corp director William K. Pou Jr. received a grant of 260 shares of common stock on May 4, 2026. The shares were issued in lieu of his quarterly cash retainer payment, making this a compensation-related stock award rather than an open-market purchase. After the grant, he directly holds 24,343 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
POU WILLIAM K JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 260 | $96.46 | $25K |
Holdings After Transaction:
Common Stock — 24,343 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 260 shares
Grant valuation price: $96.46 per share
Post-transaction holdings: 24,343 shares
3 metrics
Shares granted
260 shares
Common Stock grant on May 4, 2026
Grant valuation price
$96.46 per share
Reported transaction price per share
Post-transaction holdings
24,343 shares
Total common shares directly held after grant
Key Terms
Grant, award, or other acquisition, quarterly cash retainer payment, Common Stock
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
quarterly cash retainer payment financial
"issued to the reporting Director 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.
FAQ
What insider transaction did SouthState Bank Corp (SSB) report for William K. Pou Jr.?
SouthState Bank Corp reported that director William K. Pou Jr. received 260 shares of common stock as a grant. The shares were issued on May 4, 2026, as part of his compensation instead of a quarterly cash retainer payment.
Was the SSB Form 4 transaction an open-market buy or a compensation award?
The Form 4 transaction was a compensation award, not an open-market purchase. The 260 SouthState Bank Corp shares were issued to the director in lieu of his quarterly cash retainer, making it a routine non-cash compensation event.
At what price was the SouthState Bank Corp (SSB) stock grant valued on the Form 4?
The 260-share stock grant to the director was valued at $96.46 per share. This price is used on the Form 4 to report the fair value of the common stock issued as compensation instead of a cash retainer.
What does the footnote on the SSB Form 4 filing explain about the stock grant?
The footnote explains that the common stock was issued to the reporting director in lieu of his quarterly cash retainer payment. This clarifies that the transaction is part of director compensation, not a discretionary market trade or investment decision.