[Form 4] SouthState Corporation Insider Trading Activity

Rhea-AI Filing Summary

SouthState Corp (SSB) – Form 4 insider transaction

Director David R. Brooks reported the vesting and automatic conversion (Code M) of 267 restricted share units on 07/22/2025. The RSUs were granted on 01/22/2025 as part of prorated annual director fees and vested in full on 07/22/2025 at zero cost to the director. Following the transaction, Brooks' direct ownership rose to 52,707 common shares. No shares were sold and no derivative positions remain disclosed.

The filing is routine board-compensation housekeeping and is unlikely to influence SouthState’s valuation or trading dynamics.

Insights

Securities Analyst

TL;DR: Minor RSU vesting; neutral for share supply and valuation.

The 267-share increase lifts Brooks' stake by only ~0.5 % and is immaterial versus SouthState’s 76 million-share float. Zero-cost conversion is standard compensation, adds no insider cash purchase signal, and introduces no selling pressure. I view the disclosure as non-impactful to earnings expectations or valuation.

Corporate Governance Expert

TL;DR: Routine director fee vesting, maintains alignment with shareholders.

Completing the RSU grant cycle keeps Brooks above typical board ownership guidelines and poses no governance concerns. Because the grant was pre-disclosed and no sale occurred, insider sentiment and control dynamics remain unchanged.

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).

1. Name and Address of Reporting Person^*

SMITH G STACY

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2025

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	07/22/2025	07/22/2025	M(1)		267	A	$0.00	37,046	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 time vested Restricted Share Units ("RSU") granted on 1/22/2025 as part of the stock component of the annual director fees (prorated). The RSU cliff vested on 7/22/2025.

Remarks:

	William E. Matthews, V, CFO, pursuant to power of attorney	07/23/2025
	** 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

What insider transaction did David R. Brooks report for SouthState (SSB)?

A Code M conversion of 267 restricted share units into common stock on 07/22/2025.

How many SSB shares does Brooks own after the July 2025 transaction?

52,707 shares held directly.

At what price were the RSUs converted?

$0.00 per share, as RSUs vest without cash payment.

When were the RSUs originally granted and when did they vest?

Granted 01/22/2025 and cliff-vested 07/22/2025.

Did the filing include any sale of SouthState shares?

No. The Form 4 shows only an acquisition; no shares were sold.