Cooper Shantella E. has disclosed a transaction involving 1,050 shares of SouthState Bank Corp, reflecting ongoing changes in director compensation strategies. This transaction is significant as it highlights how companies are structuring their compensation packages to retain key personnel.
Cooper Shantella E. is a reporting owner associated with SouthState Bank Corp, a financial institution categorized under state commercial banks. The recent filing, dated November 2, 2026, follows a series of similar filings, showcasing a consistent pattern in share transactions.
The filing states, "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 11/1/26." This indicates that the shares were awarded as part of a structured compensation plan for directors.
This update may affect the company's approach to talent retention and compensation, particularly in the competitive landscape of state commercial banks. Other banks within this sector may look to SouthState Bank Corp's practices as a benchmark for their own compensation strategies.
The filing does not say what happens next.
Transaction Details
The transaction took place on November 1, 2026, with Cooper Shantella E. acquiring 1,050 shares of SouthState Bank Corp's common stock. Following this transaction, the total number of shares owned by Shantella increased to 11,754 shares. The filing indicates that these shares were issued with a transaction price of $0.00, which is typical for shares granted as part of a compensation package.
Company Information
SouthState Bank Corp, incorporated in Florida, operates under the standard industrial classification of state commercial banks. The company has undergone several name changes in the past, with its most recent change from SouthState Corp occurring on September 3, 2021. This evolution reflects the company's growth and strategic direction within the financial sector.
As noted in the filing, Cooper Shantella E. is a director at SouthState Bank Corp, emphasizing her role in the governance and oversight of the bank's operations.
Regulatory Context
This filing is submitted under the SEC Act of 1934, indicating compliance with regulatory requirements for reporting ownership changes by directors and executive officers. The transaction code used in this filing is 'M', denoting a transaction that involves the acquisition of shares.
While the filing provides insights into the share transaction and compensation structure, it does not specify any future plans or changes in strategy related to director compensation or share issuance.
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