SouthState Bank Corp (SSB) CCO reports RSU vesting and tax-share withholding
Rhea-AI Filing Summary
SouthState Bank Corp Chief Credit Officer Daniel E. Bockhorst reported the vesting of 1,491 shares of common stock on July 31, 2026, issued from time-vested RSUs granted on July 31, 2023. On the same date, 36 shares were withheld at $105.0900 per share to cover related tax liabilities, a tax-withholding disposition rather than an open-market trade. These transactions were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,455 shares
Net Buy
2 txns
Insider
BOCKHORST DANIEL E
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock F1 | 1,491 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 36 | $105.09 | $4K |
Holdings After Transaction:
Common Stock — 37,985 shares (Direct)
Footnotes (2)
- F1. Number of common shares issued pursuant to the time-vested RSUs vested on 7/31/2026; RSUs were awarded on 7/31/2023, vesting at a rate of one third on each anniversary date of the grant.
- F2. Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.
Key Figures
RSU shares vested: 1,491 shares
Shares withheld for tax: 36 shares
Tax withholding price: $105.0900 per share
+1 more
4 metrics
RSU shares vested
1,491 shares
Common stock issued from time-vested RSUs vested on July 31, 2026
Shares withheld for tax
36 shares
Shares withheld to pay tax liability on vested securities under Rule 16(b)-3
Tax withholding price
$105.0900 per share
Per-share value used to withhold shares for tax liability
RSU grant date
7/31/2023
Grant date of time-vested RSUs vesting one third on each anniversary
Key Terms
time-vested RSUs, Rule 16(b)-3, withholding of shares
3 terms
time-vested RSUs financial
"Number of common shares issued pursuant to the time-vested RSUs vested on 7/31/2026"
Rule 16(b)-3 regulatory
"Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transaction did SouthState Bank Corp (SSB) report for Daniel E. Bockhorst?
SouthState Bank Corp reported that Chief Credit Officer Daniel E. Bockhorst had 1,491 shares of common stock vest on July 31, 2026 from time-vested RSUs. These shares arose from RSUs granted on July 31, 2023, as part of his equity compensation.
Were Daniel E. Bockhorst’s SouthState Bank Corp (SSB) transactions under a Rule 10b5-1 plan?
No, the report indicates these transactions were not made under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is marked as not applicable, meaning the vesting and tax-withholding events were not executed pursuant to a pre-arranged trading plan.
What is the origin and vesting schedule of the RSUs reported for SouthState Bank Corp (SSB)?
The common shares came from time-vested RSUs awarded on July 31, 2023, vesting at a rate of one third on each anniversary of the grant date. The reported 1,491 shares represent the portion that vested on July 31, 2026 under this schedule.
Does this SouthState Bank Corp (SSB) Form 4 show any open-market buying or selling by Daniel E. Bockhorst?
The report shows RSU vesting and tax-related share withholding, but no open-market purchases or sales. One transaction adds 1,491 shares from vested RSUs, while another withholds 36 shares to cover associated tax obligations.