Idell Jennifer 4

What Happened
Jennifer Idell, Chief Administrative Officer of SouthState Bank Corp (SSB), was granted two equity awards on 2026-01-20: 2,227 performance share units (PSUs) with a reported grant value of $215,752 and 1,485 time‑vested restricted share units (RSUs) valued at $143,867, for a combined reported value of $359,619. These are derivative equity awards (not open‑market purchases or sales) and convert to common shares on a 1:1 basis upon vesting.

Key Details

• Transaction date: 2026-01-20; Form 4 filed 2026-01-26 (filing late due to an administrative delay). (transactionTimeliness = 'L')
• Grant price / reporting price: $96.88 per share unit.
• Awards: 2,227 PSUs (F1) and 1,485 RSUs (F2); combined reported value $359,619.
• Vesting:
  • PSUs: awarded at target, vest based on performance after the 3-year period ending 12/31/2028; exchangeable 1-for-1 for common stock after vesting.
  • RSUs: time‑vested, vest one‑third each January 1 of 2027, 2028 and 2029; exchangeable 1‑for‑1 after vesting.
• Shares owned after transaction: not specified in the provided filing.
• Remarks: Timing of the filing was delayed for administrative reasons.

Context
These grants are compensation awards (derivative PSUs and RSUs) that only convert into actual common shares if and when vesting conditions are met; they are not immediate open‑market purchases or sales. Because the filing was submitted late, investors should note the delayed disclosure but the transaction itself is a routine executive award rather than a trade.