SouthState Bank Corp (SSB) CEO awarded new PSUs and RSUs equity grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SouthState Bank Corp CEO John C. Corbett reported grants of new equity awards. On January 20, 2026, he received 21,412 Performance Share Units at a reference price of $96.88 per unit, which will vest after a three-year performance period ending December 31, 2028. Each PSU is exchangeable for one share of common stock after vesting.
He also received 14,275 time‑vested Restricted Share Units at $96.88 per unit, scheduled to vest in three equal installments on January 1, 2027, January 1, 2028 and January 1, 2029, each convertible into one share of common stock after vesting. Following these awards, he beneficially owns 83,743 PSUs and 27,351 RSUs directly. The filing notes the timing was affected by an administrative delay.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Corbett John C
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 21,412 | $96.88 | $2.07M |
| Grant/Award | Restricted Share Units | 14,275 | $96.88 | $1.38M |
Holdings After Transaction:
Performance Share Units — 83,743 shares (Direct);
Restricted Share Units — 27,351 shares (Direct)
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.