DAVIS MARTIN BERNARD 4

What Happened

• DAVIS MARTIN BERNARD, a director of SouthState Bank Corp (SSB), was granted 1,050 restricted share units (RSUs) on 2026-05-01. The award is reported as a derivative grant (code A) at $97.48 per share, with a total reported value of $102,354.
• This was an award/compensation grant (not an open-market purchase or sale), so it reflects director compensation rather than a market-timed investment decision.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (appears timely).
• Grant: 1,050 RSUs at $97.48/share; aggregate value $102,354.
• Transaction code: A (Award/Grant); instrument: derivative (RSUs).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: These 1,050 common shares were issued pursuant to time-vested RSUs granted 5/1/2026 as part of the stock component of annual director fees. The RSUs cliff vest on 11/1/2026.

Context

• RSU grants are compensation and typically vest over time; because these cliff vest on 11/1/2026, the director does not immediately receive tradable shares. Such awards are routine for board members and do not by themselves indicate buying or selling sentiment.