Director Benjamin Sasse awarded 1,050 RSUs at SouthState (SSB)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sasse Benjamin E reported acquisition or exercise transactions in this Form 4 filing.
SouthState Bank Corp director Benjamin E. Sasse received a grant of 1,050 Restricted Share Units (RSUs) as part of his annual director fees. The RSUs reference 1,050 shares of common stock at a value of $97.48 per share and cliff vested on November 1, 2026. Following this compensation award, Sasse directly holds 1,678 derivative units tied to SouthState common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sasse Benjamin E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 1,050 | $97.48 | $102K |
Holdings After Transaction:
Restricted Share Units — 1,678 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,050 units
Grant value per share: $97.48 per unit
Underlying common shares: 1,050 shares
+2 more
5 metrics
RSUs granted
1,050 units
Restricted Share Units granted on May 1, 2026 as director fees
Grant value per share
$97.48 per unit
Conversion or exercise price for the RSU award
Underlying common shares
1,050 shares
Common stock referenced by the RSU grant
Holdings after transaction
1,678 units
Total derivative position following the RSU award
RSU vesting date
November 1, 2026
RSUs cliff vested on this date
Key Terms
Restricted Share Units, cliff vested, annual director fees, derivative
4 terms
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."
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What did SouthState Bank Corp (SSB) director Benjamin Sasse report on this Form 4?
Director Benjamin E. Sasse reported receiving an award of 1,050 Restricted Share Units. These RSUs are part of the stock component of his annual director fees and are tied to 1,050 shares of SouthState Bank Corp common stock.
What was the reference price for Benjamin Sasse’s RSU grant at SouthState Bank Corp (SSB)?
The RSU grant was valued at $97.48 per share. This price is used as the conversion or exercise price for the 1,050 Restricted Share Units that reference an equal number of SouthState Bank Corp common shares in this compensation award.
How many derivative units tied to SouthState Bank Corp (SSB) stock does Benjamin Sasse hold after this grant?
After this award, Benjamin Sasse directly holds 1,678 derivative units. These units are linked to SouthState Bank Corp common stock and reflect his total derivative-based position reported following the RSU grant transaction.
Is Benjamin Sasse’s RSU grant at SouthState Bank Corp (SSB) an open-market stock purchase?
No, the transaction is classified as a grant or award acquisition, not an open-market purchase. The RSUs were issued as part of the stock component of his annual director fees, representing routine equity-based compensation for board service.