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Southside Bancshares (SBSI) CEO reports 157-share award and ESOP holdings

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

Rhea-AI Filing Summary

Southside Bancshares Inc. President and CEO Keith Donahoe reported an equity award in company stock. On the reported date, he acquired 157 shares of Common Stock through a grant or award at $0.00 per share, bringing his directly held stake to 20,383 shares. A footnote states these reflect dividend equivalent rights tied to restricted stock units subject to the same terms and conditions as the underlying awards. Separately, he also reports 833 shares held indirectly through an ESOP, which a footnote explains includes shares from the company’s annual ESOP contribution, forfeiture allocation and quarterly dividend reinvestment.

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Insider Donahoe Keith
Role President and CEO
Type Security Shares Price Value
Grant/Award Common Stock 157 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 20,383 shares (Direct); Common Stock — 833 shares (Indirect, ESOP)
Footnotes (1)
  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. Amount includes shares received in connection with the Company's annual ESOP contribution, forfeiture allocation and quarterly dividend reinvestment.
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*
Donahoe Keith

(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
X Officer (give title below) Other (specify below)
President and CEO
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 157(1) A $0 20,383 D
Common Stock 833(2) I ESOP
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.
2. Amount includes shares received in connection with the Company's annual ESOP contribution, forfeiture allocation and quarterly dividend reinvestment.
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 did Southside Bancshares (SBSI) CEO Keith Donahoe report on this Form 4?

Keith Donahoe reported an equity award of 157 shares of Common Stock at $0.00 per share. This grant increased his directly held stake to 20,383 shares and reflects dividend equivalent rights tied to existing restricted stock units.

How many Southside Bancshares (SBSI) shares does Keith Donahoe hold directly after this transaction?

After the reported equity award, Keith Donahoe directly holds 20,383 shares of Southside Bancshares Common Stock. The filing shows these shares include 157 shares acquired via a grant or award at $0.00 per share on the reported date.

What is the nature of the 157 Southside Bancshares (SBSI) shares reported by Keith Donahoe?

The 157 shares are described as a grant, award, or other acquisition of Common Stock at $0.00 per share. A footnote explains they reflect dividend equivalent rights received on restricted stock units, subject to the same terms and conditions as those RSUs.

Does Keith Donahoe have indirect Southside Bancshares (SBSI) holdings through an ESOP?

Yes. The Form 4 reports 833 shares of Common Stock held indirectly through an ESOP. A footnote states this amount includes shares from the company’s annual ESOP contribution, forfeiture allocation, and quarterly dividend reinvestment for his account.

Are the reported Southside Bancshares (SBSI) dividend equivalent rights on Keith Donahoe’s RSUs restricted?

Yes. A footnote explains the dividend equivalent rights are tied to a cash dividend on RSUs held by Keith Donahoe and are subject to the same terms and conditions as the underlying RSUs, linking their treatment to those existing awards.

How many total Southside Bancshares (SBSI) positions are shown for Keith Donahoe on this Form 4?

The Form 4 shows 20,383 shares of Common Stock held directly after the award, plus 833 shares held indirectly through an ESOP. These figures distinguish between his direct ownership and retirement-plan-related holdings linked to company contributions and reinvested dividends.