Southside Bancshares (SBSI) CEO disposes shares and updates direct, indirect holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Southside Bancshares CEO Lee R. Gibson reported two small share disposals in company stock. On February 1, 2026, he disposed of 747 shares of common stock in a transaction coded F at $32.19 per share, leaving 55,271 directly owned shares.
On February 2, 2026, he disposed of a further 413 shares in another F-coded transaction at $33.10 per share, with 54,858 shares then held directly. He also reports indirect ownership of 31,329 shares through an ESOP and 8,567 shares through a 401k SSB Trust. A footnote states that when a transaction occurs on a non-business day, the price used reflects the prior business day’s closing price.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
GIBSON LEE R
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 413 | $33.10 | $14K |
| Tax Withholding | Common Stock | 747 | $32.19 | $24K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 54,858 shares (Direct);
Common Stock — 31,329 shares (Indirect, by ESOP)
Footnotes (1)
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FAQ
What insider activity did SBSI CEO Lee R. Gibson report on this Form 4?
Lee R. Gibson reported two F-coded disposals of Southside Bancshares common stock. One involved 747 shares on February 1, 2026, and the other 413 shares on February 2, 2026, both at specified prices, with updated direct and indirect holdings disclosed.
What does the Form 4 footnote say about pricing for the SBSI CEO’s transaction?
The footnote explains that when a transaction occurs on a non-business day, the reported price reflects the closing price of the previous business day. This note applies to at least one of the F-coded transactions disclosed for Lee R. Gibson in the filing.