Southside director granted 27 common shares
SMITH PRESTON L reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SMITH PRESTON L reported acquisition or exercise transactions in this Form 4 filing.
Southside Bancshares Inc. director Preston L. Smith reported an award of 27 shares of common stock on March 5, 2026. These shares reflect dividend equivalent rights received from a cash dividend on restricted stock units (RSUs) he holds, and carry the same terms as the underlying RSUs.
After this grant, Smith directly owns 20,496 shares of Southside Bancshares common stock. He also has indirect ownership of 1,430 shares through his spouse, reported separately as indirect beneficial ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
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What insider transaction did SBSI director Preston L. Smith report?
What are dividend equivalent rights in the SBSI Form 4 filing?
Does the SBSI Form 4 show any stock sales by Preston L. Smith?
AI-generated analysis. How Rhea-AI works. Not financial advice.