Cooper Shantella E. 4
Research Summary
AI-generated summary
SouthState (SSB) Director Shantella E. Cooper Receives Award
What Happened Shantella E. Cooper, a director of SouthState Bank Corp (SSB), was granted 1,050 restricted share units (RSUs) on 2026-05-01. The award is reported at a grant price of $97.48 per share, for a total reported value of $102,354. This was an award/grant (derivative) — not an open-market purchase or sale — and represents compensation rather than an immediate trading signal.
Key Details
- Transaction date and type: 2026-05-01 — Award/Grant (derivative RSUs).
- Reported grant price and value: $97.48 per share; total $102,354 for 1,050 RSUs.
- Shares owned after transaction: Not specified in the filing.
- Vesting note (footnote F1): These RSUs were granted as the stock component of annual director fees on 5/1/2026 and cliff vest on 11/1/2026 (will convert to common shares only at vesting).
- Filing: Form 4 filed 2026-05-04 for the 5/1 transaction — appears to be timely.
Context RSUs are a deferred-compensation derivative: they convert to common shares only when they vest (here, cliff vesting on 11/1/2026) and are typically not tradable beforehand. Grants to directors as part of annual director fees are routine compensation and do not necessarily indicate immediate insider buying or selling intent.