STOCK TITAN

Southside Bancshares (SBSI) director reports 16-share dividend-equivalent stock acquisition

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

Rhea-AI Filing Summary

Southside Bancshares, Inc. reported a small stock acquisition by a director. On 12/04/2025, the reporting person acquired 16 shares of common stock of Southside Bancshares, Inc. as an "A" (acquired) transaction at a price of $0 per share.

The filing explains that these 16 shares reflect dividend equivalent rights received in connection with a cash dividend on restricted stock units (RSUs) already held by the director, and these rights follow the same terms and conditions as the underlying RSUs. After this transaction, the director beneficially owns 5,874 shares directly and 5,039 shares indirectly through an IRA.

Positive

  • None.

Negative

  • None.
Insider CALLAN PATRICIA ANN
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 16 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 5,874 shares (Direct); Common Stock — 5,039 shares (Indirect, IRA)
Footnotes (1)
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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*
CALLAN PATRICIA ANN

(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)
12/04/2025
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 12/04/2025 A 16(1) A $0 5,874 D
Common Stock 5,039 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 12/08/2025
** 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

What insider transaction did Southside Bancshares (SBSI) report in this Form 4?

The report shows a director of Southside Bancshares, Inc. acquired 16 shares of common stock on 12/04/2025. The transaction is coded as an "A" (acquired) entry at a price of $0 per share.

Why did the Southside Bancshares (SBSI) director receive 16 shares at $0?

The 16 shares represent dividend equivalent rights granted due to a cash dividend on RSUs held by the director. According to the explanation, these dividend equivalents are subject to the same terms and conditions as the underlying RSUs.

How many Southside Bancshares (SBSI) shares does the director own after this transaction?

Following the reported transaction, the director beneficially owns 5,874 shares of Southside Bancshares common stock directly and 5,039 shares indirectly through an IRA, as shown in the ownership table.

What is the relationship of the reporting person to Southside Bancshares (SBSI)?

The filing identifies the reporting person as a Director of Southside Bancshares, Inc. The box for director is checked in the relationship section, and the form is filed by one reporting person.

Were there any derivative securities reported for Southside Bancshares (SBSI) in this filing?

The section for Table II - Derivative Securities is included in the form layout, but no specific derivative securities entries are listed in the provided content. The only detailed transaction disclosed relates to common stock and dividend equivalent rights on RSUs.

What does it mean that the dividend equivalent rights follow the same RSU terms at Southside Bancshares (SBSI)?

The explanation states that the dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs. This means they vest and are treated in line with the RSU award to which they relate, rather than being free-standing cash or stock awards.