Southside Bancshares director awarded 14 shares
Director Raymond C. McKinney received 14 additional SBSI shares as dividend equivalents tied to his RSUs, bringing his direct holdings to 1,274 shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
SOUTHSIDE BANCSHARES INC (SBSI) director Raymond C. McKinney reported an acquisition of 14 shares of common stock on September 3, 2026. The shares reflect dividend equivalent rights received on his existing RSUs in connection with a cash dividend and are subject to the same terms as those RSUs. Following this award, he directly holds 1,274 shares of common stock. No Rule 10b5-1 trading plan is reported for this transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 14 | $0.00 | $0.00 |
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
RSUs financial
Rule 10b5-1 trading plan regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SBSI director Raymond C. McKinney report?
Was the SBSI insider transaction by Raymond C. McKinney a market purchase or sale?
Was Raymond C. McKinney’s SBSI Form 4 transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.