SouthState (SSB) Chief Credit Officer Daniel Bockhorst Receives Award

What Happened Daniel E. Bockhorst, Chief Credit Officer of SouthState Bank Corp (SSB), had 1,491 time‑vested restricted stock units (RSUs) convert into common shares on 2026-07-31 (recorded as an exercise/conversion). The issued shares had an acquisition price of $0. To satisfy tax withholding on the issuance, 36 of those shares were withheld/disposed at $105.09 per share, totaling $3,783.

Key Details

• Transaction date(s): 2026-07-31 (reported on Form 4 filed 2026-08-03).
• Acquired: 1,491 shares via RSU conversion/exercise (transaction code M) at $0.00 acquisition price.
• Disposed/withheld: 36 shares (transaction code F) at $105.09/share, total $3,783, to cover tax withholding.
• Footnotes: F1 — RSUs awarded 7/31/2023, vest one‑third on each anniversary; F2 — shares withheld to pay tax liability per Rule 16b‑3.
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Form filed 2026-08-03 reporting 7/31/2026 transactions; no late‑filing flag was provided in the supplied data.

Context This was a routine vesting of time‑based RSUs and a standard tax‑withholding disposition, not an open‑market buy or sale. Such conversions are compensation events (coded as derivative exercise/conversion) and generally reflect scheduled vesting rather than a trading decision by the insider.