SouthState Bank Corp (SSB) officer reports RSU vesting and share holdings
Rhea-AI Filing Summary
SouthState Bank Corp reported a small insider equity transaction by its Chief Accounting Officer. On January 1, 2026, time-vested restricted stock units (RSUs) granted in January 2025 and February 2025 vested, resulting in the issuance of 71 and 13 shares of common stock, respectively. The Form 4 lists these as acquisitions at a price of $0.00 per share, reflecting the nature of RSU settlements rather than open-market purchases. Following these transactions, the reporting person directly holds 4,871 shares of SouthState Bank Corp common stock. The derivative securities table shows no remaining derivative positions tied to these specific RSU awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 71 | $0.00 | -- |
| Exercise | Common Stock | 13 | $0.00 | -- |
Footnotes (1)
- Number of common shares issued pursuant to the time vested RSU vested on 1/1/2026; RSU were awarded on 1/21/2025, vesting at a rate of one third on each January 1st, 2026, 2027 and 2028. Number of common shares issued pursuant to the time vested RSU vested on 1/1/2026; RSU were awarded on 2/19/2025, vesting at a rate of one third on each January 1st, 2026, 2027 and 2028.
FAQ
What insider transaction did SouthState Bank Corp (SSB) disclose?
The filing reports that the Chief Accounting Officer acquired 71 and 13 SouthState Bank Corp common shares on January 1, 2026 through the vesting of time-based RSUs.
Who is the reporting person in this SouthState Bank Corp (SSB) Form 4?
The reporting person is an Officer of SouthState Bank Corp, serving as Chief Accounting Officer, as indicated in the relationship section of the form.
What are the vesting terms of the SouthState Bank Corp (SSB) RSUs mentioned?
The explanations state that RSUs awarded on January 21, 2025 and February 19, 2025 vest in three equal installments on each January 1 of 2026, 2027 and 2028.