Southside Bancshares exec granted 19 shares
Regional executive Jared C. Green received a small stock-based award linked to existing RSUs, modestly increasing his direct and plan-based ownership in SOUTHSIDE BANCSHARES INC.
Rhea-AI Filing Summary
SOUTHSIDE BANCSHARES INC (SBSI) reports that Regional President, ETX, Jared C. Green received a grant of 19 shares of common stock on September 3, 2026 as dividend equivalent rights tied to previously granted restricted stock units, at no cash cost per share. Following this award, he holds 5,451 shares directly, plus additional indirect holdings in a 401(k) plan and an employee stock ownership plan that include shares acquired through the company’s dividend reinvestment program. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 19 shares
Grant/Award
3 txns
Insider
Green Jared C.
Role
Regional President, ETX
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 19 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,451 shares (Direct);
Common Stock — 2,242 shares (Indirect, 401k);
Common Stock — 2,090 shares (Indirect, ESOP)
Footnotes (2)
- 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.
- F2. Includes shares acquired under the Company's Dividend Reinvestment Program.
Key Figures
Shares granted: 19 shares of common stock
Direct holdings after award: 5,451 shares of common stock
Indirect 401(k) holdings: 2,242 shares of common stock
+3 more
6 metrics
Shares granted
19 shares of common stock
Dividend equivalent rights award on September 3, 2026
Direct holdings after award
5,451 shares of common stock
Direct ownership by Jared C. Green following the September 3, 2026 transaction
Indirect 401(k) holdings
2,242 shares of common stock
Indirect ownership through a 401(k) plan as reported on September 3, 2026
Indirect ESOP holdings
2,090 shares of common stock
Indirect ownership through an employee stock ownership plan as reported on September 3, 2026
Transaction price per share
$0.00 per share
Grant of dividend equivalent rights on 19 shares of common stock
Rule 10b5-1 plan status
No Rule 10b5-1 trading plan reported
Plan status for the transactions reported on September 3, 2026
Key Terms
dividend equivalent rights, restricted stock units, Dividend Reinvestment Program
3 terms
dividend equivalent rights financial
"Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Reinvestment Program financial
"Includes shares acquired under the Company's Dividend Reinvestment Program."
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SBSI report for Jared C. Green on this Form 4?
The filing reports that Jared C. Green received a grant of 19 shares of SOUTHSIDE BANCSHARES INC common stock on September 3, 2026 as dividend equivalent rights related to existing restricted stock units, with no cash price per share.
Were Jared C. Green’s SBSI transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan applies to the reported transactions; the document-level checkbox for such a plan is not marked as applicable.
Does this SBSI Form 4 report any insider sales by Jared C. Green?
No. The Form 4 for Jared C. Green reports an equity award increasing his holdings and updated plan balances, but it does not report any sales or dispositions of SOUTHSIDE BANCSHARES INC common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
