SMITH G STACY 4

What Happened
Stacy G. Smith, a director of SouthState Bank Corp (SSB), was granted 1,050 restricted share units (RSUs) on 2026-05-01. The RSUs were valued at $97.48 each, for a total grant value of $102,354. This transaction is an award/acquisition of a derivative security (RSUs), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-01 (reported on 2026-05-04)
• Transaction type: Grant/Award of RSUs (derivative), code "A" — 1,050 RSUs @ $97.48 = $102,354
• Shares owned after transaction: Not specified in the provided Form 4 summary
• Footnote: These RSUs were granted as the stock component of annual director fees and are time‑vested; they cliff vest on 2026-11-01 (per filing)
• Filing timeliness: Form filed 2026-05-04 for a 2026-05-01 grant; the filing does not indicate a late-report flag in the provided data

Context
RSUs are a form of compensation that convert to common shares upon vesting. Because these RSUs cliff vest on 2026-11-01, they do not reflect an immediate purchase or sale and are part of routine director pay. Such awards are common and don't by themselves indicate the director is buying or selling stock for trading purposes.