A statement of changes in beneficial ownership was filed on November 2, 2026, reporting that David R. Brooks, a director of SouthState Bank Corp, acquired 1,050 shares of common stock through the vesting of restricted share units on November 1, 2026.
Key Highlights
- Reporting person: David R. Brooks, identified as a director of SouthState Bank Corp (NYSE:SSB).
- Transaction date: November 1, 2026, with a deemed execution date of November 1, 2026.
- Shares acquired: 1,050 shares of common stock acquired (transaction code M) at a price of $0.00 per share.
- RSU origin: The shares were issued pursuant to time-vested restricted share units granted on May 1, 2026, as part of the stock component of annual director fees.
- Vesting structure: The RSUs cliff vested on November 1, 2026, according to the filing.
- Post-transaction ownership: Following the transaction, Brooks directly beneficially owned 2,812 shares of common stock.
- Filed by: William E. Matthews, V, CFO, pursuant to a power of attorney, on November 2, 2026.
RSU Cliff Vesting Delivers Director Shares at SouthState Bank Corp
According to the filing, David R. Brooks, a director of SouthState Bank Corp, received 1,050 shares of common stock on November 1, 2026, through the cliff vesting of restricted share units. The RSUs had been granted on May 1, 2026, as part of the stock component of the annual director fees paid by SouthState Bank Corp, a banking institution traded on the New York Stock Exchange under the ticker SSB.
The filing records the transaction under code M, indicating the conversion of a derivative security into common stock, at a price of $0.00 per share. This reflects a standard RSU settlement rather than an open-market purchase. Following the vesting event, Brooks directly held 2,812 shares of common stock in the company. No derivative securities remain reported in Table II of the filing, as the RSUs that cliff vested have been fully converted into the shares noted above.
The filing was signed by William E. Matthews, V, CFO of SouthState Bank Corp, acting pursuant to a power of attorney on behalf of the reporting person. Brooks's address on record is 1101 First Street South, Suite 202, Winter Haven, Florida 33880.
What Was Disclosed
The filing reported the acquisition of 1,050 shares of SouthState Bank Corp common stock by director David R. Brooks through the cliff vesting of RSUs originally granted on May 1, 2026, as director fee compensation. Post-transaction, Brooks directly held 2,812 shares.




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