SouthState insider filing shows 1,455 net share gain by CCO Bockhorst

Rhea-AI Filing Summary

SouthState Corp. (SSB) – Form 4 insider filing

Chief Credit Officer Daniel E. Bockhorst reported RSU vesting on 31 Jul 2025. He received 1,491 common shares at a $0 exercise price (code “M”). To satisfy withholding taxes, 36 shares were surrendered at $94.17 (code “F”). Net change is an increase of 1,455 shares, bringing his direct holdings to 36,785 shares.

The RSUs were granted 31 Jul 2023 and vest annually in one-third increments; this filing covers the first tranche. No derivative positions remain and no open-market transactions occurred. The event is routine equity compensation and slightly boosts insider ownership, offering a modestly positive governance signal.

Positive

• Net acquisition of 1,455 shares by the Chief Credit Officer lifts insider ownership to 36,785 shares, suggesting slightly stronger alignment with shareholders.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine RSU vesting; marginally positive signal from higher insider stake.

The transaction reflects normal compensation practice—RSUs vesting after two-year service. Net share addition of ~1.5k raises Bockhorst’s ownership to 36.8k, aligning incentives with shareholders. The tax-related surrender is mechanical. With no cash sale, market supply pressure is negligible. Impact on valuation or liquidity is immaterial; however, incremental insider accumulation can be viewed as a slight vote of confidence.

Corporate Governance Specialist

TL;DR: Standard 10b5-1-compliant filing; neutral governance impact.

The Form 4 confirms compliance with Rule 16 reporting and indicates the use of automatic tax withholding rather than discretionary selling. Because shares came from a pre-approved RSU schedule, it holds no informational edge about future performance. Nonetheless, increased ownership modestly improves management-shareholder alignment. Overall governance impact is limited but positive on the margin.

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^*

BOCKHORST DANIEL E

(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 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 Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

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
Common Stock	07/31/2025	07/31/2025	M(1)		1,491	A	$0.00	36,821	D
Common Stock	07/31/2025	07/31/2025	F(2)		36	D	$94.17	36,785	D

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

Explanation of Responses:

1. Number of common shares issued pursuant to the time-vested RSUs vested on 7/31/2025; RSUs were awarded on 7/31/2023, vesting at a rate of one third on each anniversary date of the grant.

2. Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.

Remarks:

	William E. Matthews, V, CFO, pursuant to power of attorney	08/01/2025
	** 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

How many SouthState (SSB) shares did the insider acquire?

Daniel E. Bockhorst received 1,491 shares through RSU vesting and retained 1,455 after tax withholding.

What price was paid for the newly acquired SSB shares?

The RSUs converted at $0.00 cost; 36 shares were withheld for taxes at $94.17 each.

What is the insider’s total stake after the Form 4 transaction?

Bockhorst now directly owns 36,785 common shares of SouthState Corp.

Were any derivative securities involved in this filing?

No derivative securities remain outstanding; the filing only covered time-vested RSUs converting to common stock.

Does this Form 4 indicate bullish sentiment for SSB?

While routine, the increase in ownership can be viewed as a minor positive signal, but it is not a definitive indicator of future performance.