STOCK TITAN

Southside Bancshares (SBSI) director granted dividend-linked shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Southside Bancshares director Kirk A. Calhoun reported an automatic stock award rather than an open-market trade. He acquired 19 shares of common stock at no cost as dividend equivalent rights tied to his restricted stock units, following a cash dividend. After this award, his direct holdings total 17,142 shares of Southside Bancshares common stock. He also reports indirect ownership of 1,063 shares held in an IRA.

Positive

  • None.

Negative

  • None.
Insider Calhoun Kirk A.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 19 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 17,142 shares (Direct); Common Stock — 1,063 shares (Indirect, IRA)
Footnotes (1)
  1. [object Object]
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*
Calhoun Kirk A.

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 A 19(1) A $0 17,142 D
Common Stock 1,063 I 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. 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:
Lindsey Bibby Bailes, attorney in fact 03/09/2026
** 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

What insider transaction did Southside Bancshares (SBSI) director Kirk A. Calhoun report?

Director Kirk A. Calhoun reported receiving 19 Southside Bancshares common shares as a stock award. These were dividend equivalent rights granted in connection with a cash dividend on his restricted stock units, rather than an open-market purchase or sale.

How many Southside Bancshares (SBSI) shares does Kirk A. Calhoun own after this Form 4?

After the reported award, Kirk A. Calhoun directly owns 17,142 Southside Bancshares common shares. The Form 4 also shows he indirectly holds 1,063 additional common shares through an IRA account, reflecting a separate line of indirect ownership.

What is the nature of the 19-share award reported by Southside Bancshares (SBSI) director Calhoun?

The 19-share award consists of dividend equivalent rights linked to restricted stock units. These rights were granted because Southside Bancshares paid a cash dividend, and they carry the same terms and conditions as the underlying RSUs held by the director.

Did the Southside Bancshares (SBSI) Form 4 show any insider stock sales by Kirk A. Calhoun?

The Form 4 does not report any stock sales by Kirk A. Calhoun. It shows only an acquisition of 19 common shares via a grant of dividend equivalent rights and a separate line reflecting his existing indirect IRA holdings.

What does indirect ownership in an IRA mean for Southside Bancshares (SBSI) shares?

Indirect ownership in an IRA means the Southside Bancshares shares are held in a retirement account rather than directly in the director’s name. The filing shows 1,063 common shares held in an IRA, categorized as indirect beneficial ownership.