STOCK TITAN

Southside Bancshares (SBSI) director reports RSU dividend equivalent share accrual

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Southside Bancshares, Inc. director reports small stock accrual from RSU dividends

A director of Southside Bancshares, Inc. reported acquiring 22 shares of common stock on 12/04/2025 at a stated price of $0. According to the filing, these shares reflect dividend equivalent rights that were credited based on a cash dividend paid on the director’s restricted stock units (RSUs) and are subject to the same terms and conditions as the underlying RSUs.

After this transaction, the director beneficially owns 3,780 shares of common stock directly and 15,929 shares indirectly through the Lawrence L Anderson Spousal Trust. The filing is an ownership update and does not describe any change to the company’s operations or financial results.

Positive

  • None.

Negative

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Insider ANDERSON LAWRENCE LAZELLE
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 22 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 3,780 shares (Direct); Common Stock — 15,929 shares (Indirect, Lawrence L Anderson Spousal Trust)
Footnotes (1)
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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*
ANDERSON LAWRENCE LAZELLE

(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)
12/04/2025
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 12/04/2025 A 22(1) A $0 3,780 D
Common Stock 15,929 I Lawrence L Anderson Spousal Trust
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 12/08/2025
** 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 Southside Bancshares (SBSI) report in this Form 4?

The filing shows a director of Southside Bancshares, Inc. acquired 22 shares of common stock on 12/04/2025. These were credited as dividend equivalent rights tied to restricted stock units (RSUs).

At what price were the new Southside Bancshares (SBSI) shares recorded in the transaction?

The 22 common shares reported in the transaction were listed at a price of $0, reflecting that they were issued as dividend equivalent rights rather than purchased for cash.

How many Southside Bancshares (SBSI) shares does the director own after this transaction?

Following the transaction, the director beneficially owns 3,780 Southside Bancshares common shares directly and 15,929 shares indirectly through the Lawrence L Anderson Spousal Trust.

What are dividend equivalent rights mentioned in the Southside Bancshares (SBSI) Form 4?

The filing explains that the 22 shares represent dividend equivalent rights received in connection with a cash dividend on RSUs. These rights are subject to the same terms and conditions as the underlying RSUs.

Does this Southside Bancshares (SBSI) Form 4 indicate any change in company performance?

No. The Form 4 focuses on a director’s ownership update from RSU-related dividend equivalents. It does not provide information about Southside Bancshares’ earnings, revenue, or operations.

What is the reporting person’s relationship to Southside Bancshares (SBSI)?

The reporting person is identified as a Director of Southside Bancshares, Inc., filing individually rather than as part of a group.