SALYERS DAVID G 4
4 · SouthState Bank Corp · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
SouthState Bank (SSB) Director David G. Salyers Receives Award
What Happened
- David G. Salyers, a director of SouthState Bank Corp (SSB), received an award of 1,050 restricted share units (RSUs) on 2026-05-01. The award is reported as a derivative acquisition at a grant price of $97.48 per share, valuing the grant at $102,354. This was an award/grant (not an open‑market purchase or sale).
Key Details
- Transaction date and type: 2026-05-01 — Grant/award of 1,050 RSUs (code A).
- Grant price and value: $97.48 per share; total reported value $102,354.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: These RSUs were granted as the stock component of annual director fees and are time‑vested; they cliff vest on 2026-11-01 (footnote F1).
- Filing timeliness: Form filed 2026-05-04; this appears to be timely under the Form 4 two-business-day rule.
Context
- These RSUs are a derivative award that typically convert into common shares only upon vesting (here, cliff vesting on 2026-11-01). Because this was a compensation award to a director, it does not reflect an open-market buy or sale and should be interpreted as routine director compensation rather than a direct trading signal.
Insider Transaction Report
Form 4
SALYERS DAVID G
Director
Transactions
- Award
Restricted Share Units
[F1]2026-05-01$97.48/sh+1,050$102,354→ 1,050 totalExercise: $97.48Exp: 2026-11-01→ Common Stock (1,050 underlying)
Footnotes (1)
- [F1]Number of common shares issued pursuant to the time vested Restricted Share Units ("RSUs") granted on 5/1/2026 as part of the stock component of the annual director fees. These RSUs cliff vested on 11/1/2026.
Signature
William E. Matthews, V, CFO, pursuant to power of attorney|2026-05-04