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SouthState (SSB) awards PSUs and RSUs to Chief Administrative Officer

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

Rhea-AI Filing Summary

SouthState Bank Corp. reported equity awards to Chief Administrative Officer Jennifer Idell. On 01/20/2026 she received 2,227 Performance Share Units at a reference price of $96.88 per unit, which will vest after a three-year performance period ending on December 31, 2028. Each unit can be exchanged for one share of common stock after vesting.

The filing also shows a grant of 1,485 time-vested Restricted Share Units on the same date at $96.88 per unit. These RSUs vest in three equal installments on January 1, 2027, January 1, 2028, and January 1, 2029, and are likewise exchangeable 1-for-1 into common stock after vesting. Both awards are held directly by Idell and represent part of her equity-based compensation.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Idell Jennifer

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

(Street)
WINTER HAVEN FL 33880

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SouthState Bank Corp [ SSB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Administrative Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Units(1) $96.88 01/20/2026 01/20/2026 A 2,227 (1) 12/31/2028 Common Stock 2,227 $96.88 7,468 D
Restricted Share Units(2) $96.88 01/20/2026 01/20/2026 A 1,485 (2) 01/01/2029 Common Stock 1,485 $96.88 2,702 D
Explanation of Responses:
1. Number of Performance Share Units ("PSUs") at target awarded on 1/20/26. The awards will vest following the 3-year performance period ending December 31, 2028. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
2. Number of time-vested Restricted Share Units ("RSUs") awarded on 1/20/26. The awards will vest at a rate of one third on each January 1st, 2027, 2028 and 2029. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
Remarks:
The timing of the filing was due to an administrative delay.
William E. Matthews, V, CFO, pursuant to power of attorney 01/26/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did SouthState (SSB) disclose in this Form 4?

The company reported that Chief Administrative Officer Jennifer Idell received new equity awards of Performance Share Units and Restricted Share Units on 01/20/2026 as part of her compensation.

How many Performance Share Units did Jennifer Idell receive from SouthState (SSB)?

She received 2,227 Performance Share Units (PSUs) at a reference price of $96.88 per unit. These PSUs are exchangeable for common stock at a 1-for-1 rate after vesting.

What is the vesting schedule for Jennifer Idell’s PSUs at SouthState (SSB)?

The 2,227 PSUs awarded on 01/20/2026 will vest following a three-year performance period ending on December 31, 2028, after which they can convert into common stock 1-for-1.

How many Restricted Share Units did Jennifer Idell receive from SouthState (SSB)?

She received 1,485 time-vested Restricted Share Units (RSUs) on 01/20/2026 at a reference price of $96.88 per unit, each exchangeable for one share of common stock after vesting.

What is the vesting schedule for Jennifer Idell’s RSUs at SouthState (SSB)?

The 1,485 RSUs vest in three equal installments on January 1, 2027, January 1, 2028, and January 1, 2029, with each vested unit exchangeable into one share of common stock.

Are Jennifer Idell’s PSUs and RSUs held directly or indirectly?

The filing shows that both the PSUs and RSUs are held directly by Jennifer Idell, with no indicated indirect ownership through another entity.

Did the SouthState (SSB) Form 4 mention any reason for the filing timing?

Yes. The remarks state that the timing of the Form 4 was due to an administrative delay.
SouthState Bank

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Banks - Regional
State Commercial Banks
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United States
WINTER HAVEN