STOCK TITAN

Southside Bancshares director awarded 20 shares

Director Kirk A. Calhoun received a small stock award tied to RSU dividend equivalents, modestly increasing his SBSI holdings.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SOUTHSIDE BANCSHARES INC (symbol: SBSI) is the issuer of record for a Form 4 filing submitted to the SEC. Calhoun Kirk A. reported acquisition or exercise transactions in this Form 4 filing.

SOUTHSIDE BANCSHARES INC (SBSI) director Kirk A. Calhoun reported an award of 20 shares of Common Stock on September 3, 2026, at no cash cost, reflecting dividend equivalent rights credited on his RSUs. Following this, he holds 18,932 shares directly and 1,063 shares indirectly through an IRA. No Rule 10b5-1 plan is reported.

Positive

  • None.

Negative

  • None.
Insider Calhoun Kirk A.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 20 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 18,932 shares (Direct); Common Stock — 1,063 shares (Indirect, IRA)
Footnotes (1)
  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.
Shares awarded 20 shares of Common Stock Grant/award acquisition on September 3, 2026 as dividend equivalent rights
Direct holdings after transaction 18,932 shares Common Stock directly held by Kirk A. Calhoun after the award
Indirect IRA holdings 1,063 shares Common Stock held indirectly through an IRA after the reported date
Transaction price per share $0.00 per share Reported for the 20-share award of dividend equivalent rights
dividend equivalent rights financial
"Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs"
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.
RSUs financial
"pursuant to a cash dividend on RSUs held by the reporting person"
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.
IRA financial
"Indirect ownership reported as IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did SBSI director Kirk A. Calhoun report on this Form 4?

He reported an award of 20 shares of Southside Bancshares Common Stock on September 3, 2026. The award reflects dividend equivalent rights credited in connection with a cash dividend on RSUs he holds.

At what price were the SBSI shares acquired in this Form 4 filing?

The 20 SBSI shares were acquired at a reported price of $0.00 per share, because they represent dividend equivalent rights on existing RSUs rather than a market purchase.

How many SBSI shares does Kirk A. Calhoun hold after this reported award?

After the award, he holds 18,932 shares directly and 1,063 shares indirectly through an IRA. The indirect holdings are reported separately as IRA ownership.

What are dividend equivalent rights mentioned in the SBSI Form 4 footnote?

Dividend equivalent rights are rights received pursuant to a cash dividend on RSUs. For this filing, they are subject to the same terms and conditions as the underlying RSUs held by Kirk A. Calhoun.

Was this SBSI Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the transaction was made under a trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Calhoun Kirk A.

(Last)(First)(Middle)
1201 S. BECKHAM AVE

(Street)
TYLER TEXAS 75701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SOUTHSIDE BANCSHARES INC [ SBSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/03/2026A20(1)A$018,932D
Common Stock1,063IIRA
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
Remarks:
See attached Power of Attorney- EX-24.
Lindsey Bibby Bailes, attorney in fact09/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Keep reading