Southside (SBSI) CRO receives 49-share stock award and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Martinez Anne reported acquisition or exercise transactions in this Form 4 filing.
Southside Bancshares CRO Anne Martinez reported an updated ownership position in common stock. She received a grant of 49 shares of common stock on June 1, 2026 at $0.0000 per share as a compensation-related award, bringing her direct holdings to 8,548 shares.
She also reports indirect beneficial ownership of 303 shares through a spouse IRA, 2,853 shares through an ESOP, and 3,528 shares through a 401(k). Footnotes indicate some of these amounts include shares and dividend equivalent rights accumulated under the company’s Dividend Reinvestment Program and cash dividends on RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Martinez Anne
Role
CRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 49 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,548 shares (Direct, null);
Common Stock — 3,528 shares (Indirect, 401k)
Footnotes (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. Includes shares acquired under the company's Dividend Reinvestment Program and shares acquired through monthly payroll contributions. Includes shares acquired under the Company's Dividend Reinvestment Program.
Key Figures
Stock award: 49 shares
Award price: $0.0000 per share
Direct holdings: 8,548 shares
+3 more
6 metrics
Stock award
49 shares
Grant of common stock on June 1, 2026 (code A)
Award price
$0.0000 per share
Compensation-related grant, not an open-market purchase
Direct holdings
8,548 shares
Total common stock directly owned after the award
Spouse IRA holdings
303 shares
Indirect ownership through spouse IRA
ESOP holdings
2,853 shares
Indirect ownership through ESOP account
401(k) holdings
3,528 shares
Indirect ownership through 401(k) plan
Key Terms
dividend equivalent rights, Dividend Reinvestment Program, RSUs, ESOP, +1 more
5 terms
dividend equivalent rights financial
"Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Dividend Reinvestment Program financial
"Includes shares acquired under the company's Dividend Reinvestment Program and shares acquired through monthly payroll contributions."
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
RSUs financial
"Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
ESOP financial
"nature_of_ownership": "ESOP""
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Spouse IRA financial
"nature_of_ownership": "Spouse IRA""
