SouthState Bank (SSB) director gets 243-share stock retainer grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SouthState Bank Corp director Page G. Ruffner Jr. reported receiving 243 shares of common stock on February 2, 2026. The shares were issued at $102.97 per share as compensation in lieu of a quarterly cash retainer payment for board service.
After this award, the director beneficially owns 81,410 shares of SouthState Bank Corp common stock, held directly. No derivative securities transactions were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PAGE G RUFFNER JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 243 | $102.97 | $25K |
Holdings After Transaction:
Common Stock — 81,410 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SouthState Bank Corp (SSB) report on February 2, 2026?
SouthState Bank Corp reported that director Page G. Ruffner Jr. received 243 shares of common stock on February 2, 2026. The shares were granted as part of director compensation rather than as a cash retainer payment for the quarter.
Was the SouthState Bank Corp (SSB) Form 4 transaction a purchase or compensation grant?
The Form 4 shows a compensation grant, coded as an “A” (acquired) transaction. A footnote explains that the common stock was issued to the reporting director in lieu of a quarterly cash retainer payment for board service, not an open-market purchase.
Does the SouthState Bank Corp (SSB) Form 4 report any derivative securities transactions?
The filing’s Table II, which covers options and other derivative securities, shows no reported derivative transactions. The only activity disclosed is the issuance of 243 shares of common stock to the director as equity compensation for the quarterly retainer.
Who is the reporting person on the SouthState Bank Corp (SSB) Form 4 filing?
The reporting person is Page G. Ruffner Jr., identified as a director of SouthState Bank Corp. The filing notes that the common stock was issued to this reporting director in lieu of a quarterly cash retainer, increasing his directly held share position.