Hertz Douglas J. 4

What Happened

• Douglas J. Hertz, a director of SouthState Bank Corp (SSB), was issued 506 shares on 2026-05-04 at a reported price of $96.46 per share, a total value of approximately $48,809. The transaction is coded as an award/grant (A) and reflects shares issued instead of a quarterly cash retainer—an acquisition through compensation, not an open-market purchase.

Key Details

• Transaction date: 2026-05-04; Filing date: 2026-05-05 (timely filing).
• Price per share: $96.46; Total value: ~$48,809.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: Common stock issued to the reporting Director in lieu of quarterly cash retainer payment (F1).
• Transaction type: A = award/grant/acquisition (routine director compensation, not a buy or sale).

Context

• Awards issued in lieu of cash retainer are routine director compensation and generally do not indicate a trading signal like an open-market purchase or sale.
• For retail investors, purchases (cash buys) tend to be more informative about insider sentiment; this issuance is primarily compensation-related.