Southside Bancshares (SBSI) CEO updates insider holdings after gift, RSU dividends
Rhea-AI Filing Summary
Southside Bancshares Inc. (SBSI) Chief Executive Officer and director reported routine changes in personal holdings of the company’s common stock. On 12/04/2025, the insider acquired 155 shares at a stated price of $0, reflecting dividend-equivalent rights tied to restricted stock units, bringing directly held shares to 56,783.
On 12/05/2025, the insider disposed of 765 shares by gift at a stated price of $0, leaving 56,018 shares held directly. In addition to these direct holdings, the insider reports indirect ownership of 31,329 shares through an ESOP and 8,567 shares through a 401(k) SSB Trust, which include shares acquired under the company’s Dividend Reinvestment Program. No derivative securities are reported.
Positive
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Negative
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FAQ
What insider transactions did the SBSI CEO report on this Form 4?
The Chief Executive Officer of Southside Bancshares Inc. (SBSI) reported acquiring 155 shares of common stock on 12/04/2025 and gifting 765 shares on 12/05/2025, both at a stated price of $0.
How many SBSI shares does the reporting person own directly after these transactions?
After the reported transactions, the insider directly owns 56,018 shares of Southside Bancshares Inc. common stock.
What indirect ownership in Southside Bancshares Inc. (SBSI) does the insider report?
The insider reports indirect ownership of 31,329 shares through an ESOP and 8,567 shares through a 401(k) SSB Trust, which include shares acquired via the company’s Dividend Reinvestment Program.
What is the nature of the 155 SBSI shares acquired on 12/04/2025?
The 155 shares acquired on 12/04/2025 represent dividend equivalent rights received due to a cash dividend on restricted stock units held by the insider, and are subject to the same terms and conditions as the underlying RSUs.
What does the transaction code "G" mean for the 765 SBSI shares on 12/05/2025?
The transaction code "G" indicates a gift of 765 shares of Southside Bancshares Inc. common stock on 12/05/2025, reported at a stated price of $0.
Are any derivative securities reported by the SBSI insider in this filing?
No derivative securities (such as options or warrants) are reported; Table II shows no derivative transactions or holdings for this insider.