Equity awards granted to SouthState (SSB) Chief Accounting Officer Sara Arana
Rhea-AI Filing Summary
SouthState Bank Corp reported equity awards to Chief Accounting Officer Sara Arana. On January 20, 2026, she received 423 Performance Share Units (PSUs) at a reference price of $96.88 each, bringing her directly held derivative PSUs to 1,592. These PSUs will vest after a three-year performance period ending December 31, 2028 and are exchangeable into common stock on a one-for-one basis after vesting.
On the same date, Arana was also granted 282 time-vested Restricted Share Units (RSUs) at $96.88 each, increasing her directly held RSUs to 448. These RSUs vest in three equal installments on January 1, 2027, January 1, 2028, and January 1, 2029, and each unit is exchangeable for one share of common stock once vested. The filing notes that its timing was affected by an administrative delay.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 423 | $96.88 | $41K |
| Grant/Award | Restricted Share Units | 282 | $96.88 | $27K |
Footnotes (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.
FAQ
What insider transaction did SouthState Bank Corp (SSB) report for Sara Arana?
The company reported that Chief Accounting Officer Sara Arana received equity awards consisting of Performance Share Units and Restricted Share Units on January 20, 2026, reported on Form 4 as derivative securities held directly.
How are the SouthState (SSB) PSUs and RSUs settled for the Chief Accounting Officer?
Both the PSUs and RSUs are exchangeable for SouthState common stock at a 1-for-1 rate after their respective vesting dates, according to the footnotes.
Did the SouthState (SSB) Form 4 mention any special reason for the filing timing?
Yes. The remarks section states that the timing of the filing was due to an administrative delay, explaining why the report was not filed earlier.