Sasse Benjamin E 4

What Happened

• Benjamin E. Sasse, a director of SouthState Bank Corp (SSB), received an award of 1,050 restricted share units (RSUs) on 2026-05-01. The RSUs were recorded at $97.48 per share for a total grant value of $102,354. This transaction is reported as an award/grant (transaction code A) and as a derivative security.

Key Details

• Transaction date: 2026-05-01; Grant price/fair value: $97.48 per share; Total value: $102,354.
• Transaction type: Award of time‑vested RSUs (derivative), not an open‑market purchase or sale.
• Vesting: Footnote states these RSUs cliff vest on 2026-11-01 (no immediate conversion to common shares at grant).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Report filed 2026-05-04 for a 2026-05-01 grant — filed within the typical reporting window.

Context

• RSU awards are compensation, not purchases; they convert to common shares only upon vesting (here, cliff vesting on 11/01/2026), so this grant does not reflect an immediate cash investment or sale by the director.
• For retail investors, awards indicate company compensation practices and expected future share issuance upon vesting; they are not direct signals of buying or selling by the insider.