STOCK TITAN

Director Benjamin Sasse awarded 1,050 RSUs at SouthState (SSB)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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."
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.
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*
Sasse Benjamin E

(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$97.481,678D
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 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.

How many Restricted Share Units did Benjamin Sasse receive from SouthState Bank Corp (SSB)?

Benjamin Sasse received 1,050 Restricted Share Units. Each unit represents one underlying share of SouthState Bank Corp common stock, making the grant a stock-based component of his overall annual director compensation package for board service.

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.

When did Benjamin Sasse’s Restricted Share Units at SouthState Bank Corp (SSB) vest?

The RSUs reported in this filing cliff vested on November 1, 2026. Cliff vesting means the entire 1,050-unit award vested at once on that date, rather than vesting gradually over multiple periods or milestones.

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.