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SouthState Bank (NASDAQ: SSB) director receives 1,050 RSUs as fees

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

Rhea-AI Filing Summary

Cofield Ronald M. reported acquisition or exercise transactions in this Form 4 filing.

SouthState Bank Corp director Ronald M. Cofield received a grant of 1,050 Restricted Share Units (RSUs) tied to common stock. The RSUs were granted on 5/1/2026 as part of the stock component of his annual director fees and are valued at $97.48 per unit. These time-vested RSUs cliff vested on 11/1/2026, resulting in the issuance of 1,050 common shares. Following this compensation-related award, Cofield holds 1,050 RSUs/underlying shares directly, and the filing does not reflect any open‑market buying or selling.

Positive

  • None.

Negative

  • None.
Insider Cofield Ronald M.
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 to director on May 1, 2026
Grant value per RSU $97.48 per unit Reported transaction price for RSU award
Underlying common shares 1,050 shares Common stock underlying the RSU grant
Post-transaction derivative holdings 1,050 RSUs Total derivative shares following the award
RSU vesting date November 1, 2026 Cliff vesting date for the granted RSUs
RSU grant date May 1, 2026 Date RSUs were granted as annual director fees
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"
transaction code A regulatory
"transaction_code "A" indicates a grant, award, or other acquisition"
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*
Cofield Ronald M.

(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 Ronald M. Cofield?

SouthState Bank Corp reported that director Ronald M. Cofield received a grant of 1,050 Restricted Share Units. These RSUs are a stock-based compensation award rather than an open-market purchase and convert into an equal number of common shares upon vesting.

How many SouthState (SSB) Restricted Share Units were granted to Ronald M. Cofield?

Ronald M. Cofield was granted 1,050 Restricted Share Units. Each RSU represents the right to receive one share of SouthState Bank Corp common stock, delivering 1,050 shares when the units vest under the plan’s terms.

What was the grant value per RSU in the SouthState (SSB) Form 4 filing?

The Form 4 shows a grant price of $97.48 per Restricted Share Unit. This figure typically reflects the fair market value of SouthState Bank Corp common stock on the grant date used for compensation accounting purposes.

When did Ronald M. Cofield’s SouthState (SSB) RSUs vest?

The footnote explains that the 1,050 Restricted Share Units granted to Ronald M. Cofield on May 1, 2026 cliff vested on November 1, 2026. Upon this vesting date, the RSUs delivered an equal number of SouthState common shares.

Is the SouthState (SSB) RSU grant to Ronald M. Cofield an open-market stock purchase?

No, the RSU grant is a compensation award, not an open-market purchase. The Form 4 uses transaction code “A” for an award, and the footnote states the RSUs were issued as part of the stock component of annual director fees.

How many SouthState (SSB) shares does Ronald M. Cofield hold from this RSU award after the transaction?

Following the transaction, the Form 4 shows Ronald M. Cofield with 1,050 derivative shares tied to the RSUs. These units correspond to 1,050 underlying SouthState Bank Corp common shares issuable upon vesting under the award’s terms.