SBSI director files Form 3 reporting no beneficial ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Southside Bancshares, Inc. (SBSI) filed an initial beneficial ownership report on Form 3 for a board member. The reporting person is identified as a Director of Southside Bancshares and is filing individually, not as part of a group. The filing states in the remarks section that no securities are beneficially owned, and both the non-derivative and derivative securities tables contain no reported holdings. The form is signed on behalf of the reporting person by Lindsey Bibby Bailes as attorney-in-fact, referencing an attached power of attorney.
Positive
- None.
Negative
- None.
FAQ
What does the SBSI Form 3 filing disclose about insider ownership?
The Form 3 filing for Southside Bancshares, Inc. (SBSI) states in the remarks that no securities are beneficially owned by the reporting person.
Who is the reporting person in the SBSI Form 3 and what is their role?
The reporting person in the SBSI Form 3 is identified as a Director of Southside Bancshares, indicating a board-level role with the issuer.
Does the SBSI Form 3 show any derivative securities held by the insider?
No. The filing includes a table for Derivative Securities Beneficially Owned but the remarks clarify that no securities are beneficially owned.
Is the SBSI Form 3 filed by an individual or a group?
The filing box indicates that it is a Form filed by One Reporting Person, not by more than one reporting person.
Who signed the SBSI Form 3 and under what authority?
The Form 3 is signed by Lindsey Bibby Bailes as attorney in fact, with a remark referring to an attached Power of Attorney - EX-24.