SouthState (SSB) director paid in stock for board retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SouthState Bank Corp director William K. Pou Jr. received 243 shares of common stock on February 2, 2026. The shares were issued at $102.97 per share in lieu of his quarterly cash retainer, bringing his directly owned holdings to 24,083 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
POU WILLIAM K JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 243 | $102.97 | $25K |
Holdings After Transaction:
Common Stock — 24,083 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did SouthState Bank Corp (SSB) disclose in this Form 4 filing?
SouthState Bank Corp disclosed that director William K. Pou Jr. received 243 shares of common stock at $102.97 per share on February 2, 2026, as compensation in stock instead of a quarterly cash retainer payment.
Who is the insider involved in the SSB Form 4 transaction and what is their role?
The insider is William K. Pou Jr., identified as a director of SouthState Bank Corp. He is not listed as an officer or 10% owner. The transaction reflects director compensation rather than an open-market purchase or sale.
What was the nature and price of the SouthState (SSB) stock issued to the director?
The filing shows 243 shares of SouthState Bank Corp common stock were issued to the director at a price of $102.97 per share. According to the footnote, this stock was issued instead of paying a quarterly cash retainer.
Was the SouthState (SSB) director stock transaction a market trade or compensation?
The transaction was compensation, not a market trade. A footnote explains the common stock was issued to the reporting director in lieu of quarterly cash retainer payment, indicating it is part of regular board compensation rather than a discretionary purchase or sale.