Southside Bancshares (SBSI) director granted 1,751 shares, now holds over 19,000
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Southside Bancshares Inc. director Kirk A. Calhoun reported a grant of 1,751 shares of Common Stock, received at no cash cost as a grant, award, or other acquisition. After this award, he directly holds 18,893 shares and indirectly holds 1,063 shares through an IRA, indicating a routine equity-based compensation update rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Calhoun Kirk A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,751 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,893 shares (Direct, null);
Common Stock — 1,063 shares (Indirect, IRA)
Footnotes (1)
Key Figures
Share grant: 1,751 shares
Direct holdings after transaction: 18,893 shares
Indirect IRA holdings: 1,063 shares
+1 more
4 metrics
Share grant
1,751 shares
Common Stock grant coded “A” at $0.0000 per share
Direct holdings after transaction
18,893 shares
Common Stock directly owned after grant
Indirect IRA holdings
1,063 shares
Common Stock held indirectly through an IRA
Transaction price
$0.0000 per share
Recorded price for the 1,751-share grant
Key Terms
Grant, award, or other acquisition, Indirect ownership, IRA, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I""
IRA financial
"nature_of_ownership: "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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.