SouthState Bank Corp (SSB) director receives 260-share stock grant as retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PAGE G RUFFNER JR reported acquisition or exercise transactions in this Form 4 filing.
SouthState Bank Corp director PAGE G RUFFNER JR received 260 shares of Common Stock as a grant on May 4, 2026. The shares were valued at $96.46 per share and were issued in lieu of the director’s quarterly cash retainer payment. After this award, the director directly holds 81,885 shares of SouthState Bank Corp Common Stock. This is a compensation-related share grant, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PAGE G RUFFNER JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 260 | $96.46 | $25K |
Holdings After Transaction:
Common Stock — 81,885 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 260 shares
Grant value per share: $96.46 per share
Shares after transaction: 81,885 shares
3 metrics
Shares granted
260 shares
Common Stock grant on May 4, 2026
Grant value per share
$96.46 per share
Reported value of Common Stock grant
Shares after transaction
81,885 shares
Total direct holdings following the grant
Key Terms
Form 4, Grant, award, or other acquisition, Common stock issued to the reporting Director in lieu of quarterly cash retainer payment
3 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common stock issued to the reporting Director in lieu of quarterly cash retainer payment financial
"Common stock issued to the reporting Director in lieu of quarterly cash retainer payment."
FAQ
What insider transaction did SouthState Bank Corp (SSB) report for PAGE G RUFFNER JR?
SouthState Bank Corp reported that director PAGE G RUFFNER JR received 260 shares of Common Stock on May 4, 2026. The shares were granted as compensation, not bought in the market, and were issued in lieu of a quarterly cash retainer payment.
Was the SouthState Bank Corp (SSB) Form 4 transaction a market purchase or a compensation grant?
The Form 4 transaction was a compensation grant, not a market purchase. The 260 shares of Common Stock were issued to the director in lieu of a quarterly cash retainer, as disclosed in the footnote, indicating routine director compensation rather than trading activity.
What does the transaction code "A" mean in the SouthState Bank Corp (SSB) Form 4?
In this Form 4, transaction code “A” indicates a grant, award, or other acquisition of shares. Here it reflects a stock grant of 260 shares to the director as part of board compensation, instead of a cash retainer, rather than an open-market buy or sell.
Does this SouthState Bank Corp (SSB) Form 4 indicate any derivative securities activity?
No derivative securities activity appears in this Form 4. The filing shows only a non-derivative Common Stock grant of 260 shares, with the derivative summary section empty, indicating no option exercises, conversions, or other derivative transactions in this particular report.