Director at SouthState (SSB) granted 474 shares as stock retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SouthState Bank Corp director Douglas J. Hertz received additional company stock as part of his board compensation. On February 2, 2026, he was issued 474 shares of common stock at a price of $102.97 per share, in lieu of his quarterly cash retainer. After this grant, he directly owns 18,502 SouthState shares, reflecting routine, stock-based director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hertz Douglas J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 474 | $102.97 | $49K |
Holdings After Transaction:
Common Stock — 18,502 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 Douglas J. Hertz received 474 shares of common stock on February 2, 2026. The shares were issued as part of his board compensation, rather than bought or sold on the open market.
Was the SouthState (SSB) Form 4 transaction a stock grant or a market trade?
The Form 4 shows a stock grant, not a market trade. SouthState issued 474 common shares to director Douglas J. Hertz in lieu of his quarterly cash retainer, representing routine equity-based director compensation rather than a discretionary buy or sell.