Froetscher Janet P 4
4 · SouthState Bank Corp · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
SouthState (SSB) Director Janet Froetscher Receives RSU Award
What Happened Janet P. Froetscher, a director of SouthState Bank Corp (SSB), was granted 1,050 restricted share units (RSUs) on 2026-05-01. The grant is recorded at $97.48 per share for a total grant value of about $102,354. This is a compensation award (transaction code A) rather than an open-market buy or sale; the RSUs are a derivative award that will convert to common shares when they vest.
Key Details
- Transaction date: 2026-05-01; Grant price shown: $97.48 per share; Total value: ~$102,354.
- Shares granted: 1,050 RSUs (derivative award).
- Vesting: These RSUs cliff vest on 2026-11-01 per the filing footnote.
- Shares owned after transaction: Not specified in the provided filing.
- Filing date: 2026-05-04 — reported on the Form 4 within the SEC’s required timeframe (timely filing).
- Footnote: Grant is the time-vested RSU portion of the annual director fees.
Context RSU grants to directors are a routine form of compensation and do not represent an open-market purchase (which some investors view as a stronger bullish signal). Because these are time-vested RSUs, they are not immediately tradable common shares; they will convert to shares only if and when the cliff vesting condition (11/01/2026) is met.
Insider Transaction Report
- Award
Restricted Share Units
[F1]2026-05-01$97.48/sh+1,050$102,354→ 1,050 totalExercise: $97.48Exp: 2026-11-01→ Common Stock (1,050 underlying)
Footnotes (1)
- [F1]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.