BOCKHORST DANIEL E 4

4 · SouthState Bank Corp · Filed Jan 26, 2026

AI-generated summary of this filing

Updated Jan 26, 2026

SouthState Bank (SSB) Chief Credit Officer Daniel Bockhorst Receives Award

What Happened

Daniel E. Bockhorst, Chief Credit Officer of SouthState Bank Corp (SSB), was granted two equity awards on 2026-01-20: 2,519 performance share units (PSUs) valued at $96.88 each ($244,041) and 1,680 time‑vested restricted share units (RSUs) at $96.88 each ($162,758). The combined grant value reported is $406,799.
These were awards (code A) — not open‑market purchases or sales — and are recorded as derivative awards that convert to common stock on a 1-for-1 basis after vesting.

Key Details

Transaction date and price: 2026-01-20 at $96.88 per unit.
Award amounts: 2,519 PSUs (F1) and 1,680 RSUs (F2); total reported value $406,799.
Shares owned after transaction: not specified in the provided filing.
Footnotes:
- F1: PSUs awarded at target; vesting contingent on performance over a three‑year period ending 12/31/2028; convertible 1-for-1 after vesting.
- F2: RSUs vest one‑third on each Jan 1 of 2027, 2028 and 2029; convertible 1-for-1 after vesting.
Timeliness: Filing was delayed due to an administrative issue (filing marked late). Late filings reduce the immediacy of disclosure but do not change the nature of the award.

Context

These are compensation awards (derivative grants) rather than cash purchases or sales. PSUs depend on future performance metrics before conversion to shares; RSUs vest over time. Such awards are common for aligning executive incentives with shareholder performance and do not by themselves indicate the insider bought or sold shares.

Form 4

Period: 2026-01-20

Chief Credit Officer

Transactions

Award
Performance Share Units
[F1]
2026-01-20$96.88/sh+2,519$244,041→ 8,734 total
Exercise: $96.88Exp: 2028-12-31→ Common Stock (2,519 underlying)
Award
Restricted Share Units
[F2]
2026-01-20$96.88/sh+1,680$162,758→ 4,607 total
Exercise: $96.88Exp: 2029-01-01→ Common Stock (1,680 underlying)

Footnotes (2)

[F1]Number of Performance Share Units ("PSUs") at target awarded on 1/20/26. The awards will vest following the 3-year performance period ending December 31, 2028. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
[F2]Number of time-vested Restricted Share Units ("RSUs") awarded on 1/20/26. The awards will vest at a rate of one third on each January 1st, 2027, 2028 and 2029. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.

Signature

William E. Matthews, V, CFO, pursuant to power of attorney|2026-01-26

1 file