Southside Bancshares director awarded 97 shares
SOUTHSIDE BANCSHARES INC (SBSI) director Lee R. Gibson reported an acquisition of common stock on September 3, 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
SOUTHSIDE BANCSHARES INC (SBSI) director Lee R. Gibson reported an acquisition of common stock on September 3, 2026. He received 97 shares of common stock as dividend equivalent rights tied to restricted stock units (RSUs) in connection with a cash dividend. These dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs. After this award, he holds 58,909 shares directly, and a separate IRA account holds 40,567 shares indirectly. No Rule 10b5-1 trading plan is reported for this transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 97 | $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.
Key Figures
Key Terms
dividend equivalent rights financial
restricted stock units financial
Rule 10b5-1 regulatory
indirect ownership financial
FAQ
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What insider transaction did SBSI director Lee R. Gibson report?
Was the SBSI insider transaction made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.