Southside Bancshares director awarded 16 shares
Southside Bancshares Inc. director Patricia Ann Callan reported an automatic share award.
Rhea-AI Filing Summary
Southside Bancshares Inc. director Patricia Ann Callan reported an automatic share award. On a transaction dated March 5, 2026, she acquired 16 shares of common stock at $0.00 per share as a grant or award. A footnote explains these shares reflect dividend equivalent rights credited from a cash dividend on her restricted stock units and are subject to the same terms as those RSUs. Following the award, she held 5,890 common shares directly, and a separate line shows 5,039 common shares held indirectly in an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 16 shares
Grant/Award
2 txns
Insider
CALLAN PATRICIA ANN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,890 shares (Direct);
Common Stock — 5,039 shares (Indirect, IRA)
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are dividend equivalent rights mentioned in Patricia Ann Callan’s SBSI filing?
The filing states the 16 shares reflect dividend equivalent rights received from a cash dividend on restricted stock units. These rights mirror the dividend on underlying RSUs and are subject to the same terms and conditions as those RSUs, effectively adding additional shares linked to prior awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.