BROOKS RENEE R 4

What Happened
Renee R. Brooks, Chief Operating Officer of SouthState Bank Corp (SSB), was granted two equity awards on January 20, 2026: 4,817 performance share units (PSUs) valued at $96.88 each ($466,671) and 3,211 time‑vested restricted share units (RSUs) valued at $96.88 each ($311,082), for a combined grant of 8,028 units worth roughly $777,753. These were awards (grant, code "A" on the Form 4), not open‑market purchases or sales.

Key Details

• Transaction date and price: 2026-01-20 at $96.88 per unit.
• Awards: 4,817 PSUs (F1) and 3,211 RSUs (F2), total 8,028 units; combined value ≈ $777,753.
• Vesting/settlement: PSUs vest based on performance after the 3-year period ending 12/31/2028 and convert 1-for-1 to common stock after vesting; RSUs vest one‑third on Jan 1 of 2027, 2028 and 2029 and convert 1-for-1 to common stock after vesting.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: the Form 4 was filed 2026-01-26 for a 2026-01-20 transaction; the filing notes an administrative delay (late filing).

Context
These grants are compensation awards (performance and time‑based equity) that convert to common shares only if vesting conditions are met — they are derivative awards, not immediate purchases. Such awards are common for executives and reflect compensation design rather than an immediate market bet; late filing reduces near‑term disclosure transparency but the filing discloses the awards and vesting terms.