STOCK TITAN

[Form 4] Southside Bancshares, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Southside Bancshares, Inc. (SBSI) filed a Form 4 reporting insider activity by Chief Accounting Officer April Pinkley. On 06/29/2025, Pinkley disposed of 105 common shares at an effective price of $29.39 under transaction code “F,” which denotes shares withheld by the issuer to satisfy tax obligations resulting from a previously granted equity award. After the transaction, the officer’s direct ownership stands at 2,753 shares, with an additional 2,046 shares held indirectly through the company’s ESOP. No derivative securities were involved, and no other insiders were part of the filing. The transaction size is immaterial relative to SBSI’s share count and does not signal a change in corporate outlook.

Southside Bancshares, Inc. (SBSI) ha presentato un Modulo 4 che riporta un'attività interna da parte del Chief Accounting Officer April Pinkley. Il 29/06/2025, Pinkley ha ceduto 105 azioni ordinarie a un prezzo effettivo di $29,39 con il codice transazione “F,” che indica azioni trattenute dall'emittente per soddisfare obblighi fiscali derivanti da un premio azionario precedentemente concesso. Dopo la transazione, la proprietà diretta dell'ufficiale è di 2.753 azioni, con ulteriori 2.046 azioni detenute indirettamente tramite il piano ESOP della società. Non sono stati coinvolti titoli derivati e nessun altro insider è stato parte della comunicazione. La dimensione della transazione è irrilevante rispetto al numero totale di azioni di SBSI e non indica un cambiamento nelle prospettive aziendali.

Southside Bancshares, Inc. (SBSI) presentó un Formulario 4 reportando actividad interna por parte de la Directora de Contabilidad, April Pinkley. El 29/06/2025, Pinkley dispuso de 105 acciones comunes a un precio efectivo de $29.39 bajo el código de transacción “F,” que indica acciones retenidas por el emisor para cumplir con obligaciones fiscales derivadas de una concesión previa de acciones. Tras la transacción, la propiedad directa de la ejecutiva es de 2,753 acciones, con 2,046 acciones adicionales mantenidas indirectamente a través del ESOP de la empresa. No se involucraron valores derivados, ni otros insiders participaron en la presentación. El tamaño de la transacción es insignificante en relación con el número total de acciones de SBSI y no señala un cambio en la perspectiva corporativa.

Southside Bancshares, Inc. (SBSI)는 내부자 활동을 보고하는 Form 4를 제출했습니다. 최고회계책임자 April Pinkley가 2025년 6월 29일에 105주의 보통주를 유효 가격 $29.39에 처분했으며, 거래 코드 “F”는 이전에 부여된 주식 보상에서 발생한 세금 의무를 충족하기 위해 발행자가 주식을 원천징수했음을 나타냅니다. 거래 후 임원의 직접 보유 주식은 2,753주이며, 회사 ESOP를 통해 간접적으로 보유한 주식은 추가로 2,046주입니다. 파생 증권은 포함되지 않았고, 다른 내부자는 보고에 참여하지 않았습니다. 거래 규모는 SBSI의 총 주식 수에 비해 중요하지 않으며, 기업 전망의 변화 신호도 아닙니다.

Southside Bancshares, Inc. (SBSI) a déposé un formulaire 4 rapportant une activité d’initié par la Chief Accounting Officer April Pinkley. Le 29/06/2025, Pinkley a cédé 105 actions ordinaires à un prix effectif de 29,39 $ sous le code de transaction « F », indiquant des actions retenues par l’émetteur pour satisfaire des obligations fiscales liées à une attribution d’actions antérieure. Après la transaction, la détention directe de l’officier s’élève à 2 753 actions, avec 2 046 actions supplémentaires détenues indirectement via le plan ESOP de la société. Aucune valeur dérivée n’a été impliquée et aucun autre initié n’a participé au dépôt. La taille de la transaction est négligeable par rapport au nombre total d’actions de SBSI et ne signale aucun changement dans les perspectives de l’entreprise.

Southside Bancshares, Inc. (SBSI) hat ein Formular 4 eingereicht, das Insider-Aktivitäten der Chief Accounting Officer April Pinkley meldet. Am 29.06.2025 veräußerte Pinkley 105 Stammaktien zu einem effektiven Preis von 29,39 USD unter dem Transaktionscode „F“, der darauf hinweist, dass Aktien vom Emittenten einbehalten wurden, um Steuerverpflichtungen aus einer zuvor gewährten Aktienzuteilung zu erfüllen. Nach der Transaktion hält die Beauftragte direkt 2.753 Aktien, zusätzlich 2.046 Aktien indirekt über den ESOP des Unternehmens. Es waren keine derivativen Wertpapiere beteiligt, und keine weiteren Insider waren an der Meldung beteiligt. Die Transaktionsgröße ist im Verhältnis zur Gesamtzahl der SBSI-Aktien unerheblich und signalisiert keine Änderung der Unternehmensperspektive.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Small, tax-related share withholding; neutral for valuation and sentiment.

The 105-share disposition represents a routine settlement of payroll taxes tied to equity compensation. With SBSI’s market capitalization in the billions, the $3.1 thousand value (<0.001% of shares outstanding) is immaterial. Such Form 4s neither alter float meaningfully nor provide insight into strategic direction. No derivatives, options, or 10b5-1 plan sales were disclosed, reducing any concern about planned divestitures. From an investor perspective, the filing is informational but not price-sensitive.

TL;DR: Routine compliance; does not raise governance red flags.

Code “F” indicates withholding to cover taxes, a standard practice that avoids open-market selling and potential perception issues. Direct and indirect holdings remain intact, suggesting continued alignment of interests between the CAO and shareholders. No indication of a broader insider selling trend or policy violation is evident. Therefore, the filing is governance-neutral.

Southside Bancshares, Inc. (SBSI) ha presentato un Modulo 4 che riporta un'attività interna da parte del Chief Accounting Officer April Pinkley. Il 29/06/2025, Pinkley ha ceduto 105 azioni ordinarie a un prezzo effettivo di $29,39 con il codice transazione “F,” che indica azioni trattenute dall'emittente per soddisfare obblighi fiscali derivanti da un premio azionario precedentemente concesso. Dopo la transazione, la proprietà diretta dell'ufficiale è di 2.753 azioni, con ulteriori 2.046 azioni detenute indirettamente tramite il piano ESOP della società. Non sono stati coinvolti titoli derivati e nessun altro insider è stato parte della comunicazione. La dimensione della transazione è irrilevante rispetto al numero totale di azioni di SBSI e non indica un cambiamento nelle prospettive aziendali.

Southside Bancshares, Inc. (SBSI) presentó un Formulario 4 reportando actividad interna por parte de la Directora de Contabilidad, April Pinkley. El 29/06/2025, Pinkley dispuso de 105 acciones comunes a un precio efectivo de $29.39 bajo el código de transacción “F,” que indica acciones retenidas por el emisor para cumplir con obligaciones fiscales derivadas de una concesión previa de acciones. Tras la transacción, la propiedad directa de la ejecutiva es de 2,753 acciones, con 2,046 acciones adicionales mantenidas indirectamente a través del ESOP de la empresa. No se involucraron valores derivados, ni otros insiders participaron en la presentación. El tamaño de la transacción es insignificante en relación con el número total de acciones de SBSI y no señala un cambio en la perspectiva corporativa.

Southside Bancshares, Inc. (SBSI)는 내부자 활동을 보고하는 Form 4를 제출했습니다. 최고회계책임자 April Pinkley가 2025년 6월 29일에 105주의 보통주를 유효 가격 $29.39에 처분했으며, 거래 코드 “F”는 이전에 부여된 주식 보상에서 발생한 세금 의무를 충족하기 위해 발행자가 주식을 원천징수했음을 나타냅니다. 거래 후 임원의 직접 보유 주식은 2,753주이며, 회사 ESOP를 통해 간접적으로 보유한 주식은 추가로 2,046주입니다. 파생 증권은 포함되지 않았고, 다른 내부자는 보고에 참여하지 않았습니다. 거래 규모는 SBSI의 총 주식 수에 비해 중요하지 않으며, 기업 전망의 변화 신호도 아닙니다.

Southside Bancshares, Inc. (SBSI) a déposé un formulaire 4 rapportant une activité d’initié par la Chief Accounting Officer April Pinkley. Le 29/06/2025, Pinkley a cédé 105 actions ordinaires à un prix effectif de 29,39 $ sous le code de transaction « F », indiquant des actions retenues par l’émetteur pour satisfaire des obligations fiscales liées à une attribution d’actions antérieure. Après la transaction, la détention directe de l’officier s’élève à 2 753 actions, avec 2 046 actions supplémentaires détenues indirectement via le plan ESOP de la société. Aucune valeur dérivée n’a été impliquée et aucun autre initié n’a participé au dépôt. La taille de la transaction est négligeable par rapport au nombre total d’actions de SBSI et ne signale aucun changement dans les perspectives de l’entreprise.

Southside Bancshares, Inc. (SBSI) hat ein Formular 4 eingereicht, das Insider-Aktivitäten der Chief Accounting Officer April Pinkley meldet. Am 29.06.2025 veräußerte Pinkley 105 Stammaktien zu einem effektiven Preis von 29,39 USD unter dem Transaktionscode „F“, der darauf hinweist, dass Aktien vom Emittenten einbehalten wurden, um Steuerverpflichtungen aus einer zuvor gewährten Aktienzuteilung zu erfüllen. Nach der Transaktion hält die Beauftragte direkt 2.753 Aktien, zusätzlich 2.046 Aktien indirekt über den ESOP des Unternehmens. Es waren keine derivativen Wertpapiere beteiligt, und keine weiteren Insider waren an der Meldung beteiligt. Die Transaktionsgröße ist im Verhältnis zur Gesamtzahl der SBSI-Aktien unerheblich und signalisiert keine Änderung der Unternehmensperspektive.

SEC Form 4
FORM 4 UNITED 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*
Martinez Anne

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

(Street)
TYLER TX 75701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SOUTHSIDE BANCSHARES INC [ SBSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CRO
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 06/29/2025 F 129 D $29.39(1) 6,308 D
Common Stock 2,883 I 401k
Common Stock 2,519 I ESOP
Common Stock 303 I Spouse IRA
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. As transaction was on a non-business day, the price reflects the closing price of the previous business day.
Remarks:
Lindsey Bibby Bailes, attorney in fact 06/30/2025
** Signature of Reporting Person Date
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.

FAQ

Who filed the Form 4 for SBSI on 06/30/2025?

Chief Accounting Officer April Pinkley filed the Form 4, with Lindsey Bibby Bailes signing as attorney-in-fact.

What was the nature of the insider transaction reported by SBSI?

A 105-share disposition under transaction code “F,” indicating shares were withheld for tax purposes.

At what price were the SBSI shares valued for the transaction?

The shares were valued at $29.39, the prior business-day closing price.

How many SBSI shares does the insider own after the transaction?

April Pinkley owns 2,753 shares directly and 2,046 shares indirectly via the ESOP.

Does the Form 4 include any derivative security transactions?

No, no derivative securities were acquired or disposed of in this filing.
Southside Bancshares Inc

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