SouthState Bank Corp (SSB) exec logs PSU share vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SouthState Bank Corp executive Beth S. DeSimone, the company’s CRO and General Counsel, reported equity compensation activity involving common stock. On February 20, 2026, she acquired 3,501 shares at $0 per share from vested Performance Share Units awarded on January 24, 2023, following a three-year performance period ending December 31, 2025. On the same date, 766 shares were disposed of at $105.44 per share to cover tax liabilities associated with these securities, leaving her with 27,716 directly owned shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DeSimone Beth S
Role
CRO, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 3,501 | $0.00 | -- |
| Tax Withholding | Common Stock | 766 | $105.44 | $81K |
Holdings After Transaction:
Common Stock — 28,482 shares (Direct)
Footnotes (1)
- Number of common shares issued pursuant to the Performance Share Units ("PSUs") awarded on 1/24/23; PSUs vested after the 3-year performance period ending December 31, 2025. Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.
FAQ
What insider transactions did SouthState Bank Corp (SSB) report for Beth S. DeSimone?
Beth S. DeSimone reported acquiring 3,501 shares of SouthState Bank Corp common stock and disposing of 766 shares. The acquisition came from vested Performance Share Units, while the disposal covered related tax liabilities under Rule 16(b)-3.
What roles does Beth S. DeSimone hold at SouthState Bank Corp (SSB)?
Beth S. DeSimone serves as Chief Risk Officer and General Counsel at SouthState Bank Corp. Her Form 4 filing reflects equity compensation-related transactions in the company’s common stock associated with her executive position and performance-based awards.