Southside Bancshares (SBSI) director receives 16 shares via dividend equivalents

Rhea-AI Filing Summary

Southside Bancshares director Shannon Dacus received additional common stock through a stock-based award. On a Form 4, Dacus reported an acquisition of 16 shares of common stock at a price of $0.00 per share, increasing directly held ownership to 8,489 shares.

The footnote explains these 16 shares reflect dividend equivalent rights credited from a cash dividend on restricted stock units (RSUs) already held. These dividend equivalent rights follow the same vesting and other terms as the underlying RSUs, meaning they are tied to the same conditions as the original award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dacus Shannon

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	16	$0.00	--

Holdings After Transaction: Common Stock — 8,489 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dacus Shannon

(Last) (First) (Middle)

1201 S. BECKHAM AVE

(Street)

TYLER TX 75701

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SOUTHSIDE BANCSHARES INC [ SBSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/05/2026		A		16(1)	A	$0	8,489	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person. Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs.

Remarks:

	Lindsey Bibby Bailes, attorney in fact	03/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did SBSI director Shannon Dacus report?

Shannon Dacus reported receiving 16 shares of Southside Bancshares common stock as an award, at a price of $0.00 per share. These shares arose from dividend equivalent rights tied to existing RSUs, increasing directly held ownership to a reported total of 8,489 shares.

How many SBSI shares does Shannon Dacus hold after this Form 4 filing?

After the reported transaction, Shannon Dacus directly holds 8,489 shares of Southside Bancshares common stock. This reflects the addition of 16 shares received as dividend equivalent rights on existing RSUs, which carry the same terms and conditions as those underlying restricted stock units.

Was the SBSI insider transaction a purchase or a grant of shares?

The Southside Bancshares insider transaction was a grant-type acquisition, not an open-market purchase. The Form 4 shows code “A” for a grant, with 16 shares received at $0.00 per share as dividend equivalent rights associated with previously granted restricted stock units held by the reporting person.

What are dividend equivalent rights mentioned in the SBSI Form 4?

Dividend equivalent rights in this filing represent additional share credits received because of a cash dividend on RSUs. For Shannon Dacus, 16 such rights converted into common stock. The filing notes these rights are subject to the same terms and conditions as the underlying restricted stock units.

Does the SBSI Form 4 indicate direct or indirect ownership for these shares?

The Form 4 classifies the 16 acquired shares as directly owned by Shannon Dacus, using ownership code “D” for direct. The filing does not reference any separate entity or trust for these shares, and no footnote disclaims voting or investment authority over the reported common stock.