Southside Bancshares director acquires 19 shares
Director Lawrence L. Anderson reported a small RSU-related share accrual and updated direct and trust holdings in SBSI common stock.
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Rhea-AI Filing Summary
SOUTHSIDE BANCSHARES INC (SBSI) reported that director Lawrence L. Anderson acquired 19 shares of common stock on September 3, 2026 as a grant of dividend equivalent rights tied to restricted stock units (RSUs), bringing his directly held stake to 5,512 shares. In addition, 15,929 shares are reported as indirectly owned through the Lawrence L Anderson Spousal Trust. No Rule 10b5-1 trading plan is reported for these holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 19 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
dividend equivalent rights financial
RSUs financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SBSI director Lawrence L. Anderson report on this Form 4?
What indirect ownership in SBSI stock does the Form 4 disclose?
Was this SBSI insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.