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SouthState Bank (SSB) director awarded 1,050 RSUs as annual stock fees

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DAVIS MARTIN BERNARD reported acquisition or exercise transactions in this Form 4 filing.

SouthState Bank Corp director Martin Bernard Davis received a grant of restricted share units. On May 1, 2026, he was awarded 1,050 Restricted Share Units (RSUs), each tied to one share of common stock at a reference value of $97.48 per share. These RSUs were granted as the stock component of his annual director fees and are scheduled to cliff vest on November 1, 2026. Following this award, his reported holdings for this RSU grant total 1,050 underlying common shares, reflecting compensation rather than an open-market purchase.

Positive

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Negative

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Insider DAVIS MARTIN BERNARD
Role null
Type Security Shares Price Value
Grant/Award Restricted Share Units 1,050 $97.48 $102K
Holdings After Transaction: Restricted Share Units — 1,050 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 1,050 units Restricted Share Units granted on May 1, 2026
Grant-date value per RSU $97.48 per unit Reference price for RSU grant
Underlying common shares 1,050 shares Common stock underlying the RSU award
Holdings after grant 1,050 RSU-linked shares Total underlying common shares following the transaction
Grant date May 1, 2026 RSU award date for director fees
Cliff vesting date November 1, 2026 Date when all 1,050 RSUs vest
Restricted Share Units financial
"Number of common shares issued pursuant to the time vested Restricted Share Units ("RSUs") granted on 5/1/2026"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
cliff vested financial
"These RSUs cliff vested on 11/1/2026."
annual director fees financial
"granted on 5/1/2026 as part of the stock component of the annual director fees."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DAVIS MARTIN BERNARD

(Last)(First)(Middle)
1101 FIRST STREET SOUTH, SUITE 202

(Street)
WINTER HAVEN FLORIDA 33880

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SouthState Bank Corp [ SSB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units$97.4805/01/202605/01/2026A1,050 (1)11/01/2026Common Stock1,050$97.481,050D
Explanation of Responses:
1. Number of common shares issued pursuant to the time vested Restricted Share Units ("RSUs") granted on 5/1/2026 as part of the stock component of the annual director fees. These RSUs cliff vested on 11/1/2026.
Remarks:
William E. Matthews, V, CFO, pursuant to power of attorney05/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SouthState Bank Corp (SSB) report for Martin Bernard Davis?

SouthState Bank Corp reported that director Martin Bernard Davis received a grant of 1,050 Restricted Share Units on May 1, 2026. These units represent stock-based compensation rather than an open-market share purchase or sale and are linked to an equal number of common shares.

How many SouthState Bank Corp (SSB) RSUs were granted to the director?

The filing shows a grant of 1,050 Restricted Share Units to director Martin Bernard Davis. Each RSU corresponds to one share of SouthState Bank Corp common stock, making the award economically equivalent to 1,050 shares once vested and settled, subject to the plan’s terms.

What is the reference price for the SouthState Bank Corp (SSB) RSU grant?

The RSU grant is recorded at a reference price of $97.48 per unit. This figure typically reflects the grant-date fair value used for accounting and compensation purposes, not cash paid by the director, since this award is part of his annual director fees.

When do the SouthState Bank Corp (SSB) RSUs granted to the director vest?

According to the footnote, the Restricted Share Units granted on May 1, 2026 cliff vested on November 1, 2026. Cliff vesting means all 1,050 units vest at once on that date rather than gradually over multiple periods, subject to applicable service conditions.

Is the SouthState Bank Corp (SSB) Form 4 transaction a market purchase or sale?

No, the Form 4 transaction reflects a grant of Restricted Share Units as compensation, not a market trade. The director did not buy or sell shares on the open market; instead, he acquired 1,050 RSUs as part of his annual director fee package.