SALYERS DAVID G 4

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.