Southside Bancshares (SBSI) chair John Garrett receives 1,246-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garrett John Robert reported acquisition or exercise transactions in this Form 4 filing.
Southside Bancshares Inc. director and Chairman of the Board John Robert Garrett received an award of 1,246 shares of Common Stock on May 14, 2026. The grant was recorded at a price of $0.00 per share as equity compensation. Following this award, he directly owns 26,928 shares of Southside Bancshares Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Garrett John Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,246 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,928 shares (Direct, null)
Footnotes (1)
Key Figures
Shares awarded: 1,246 shares
Grant price per share: $0.00 per share
Shares owned after transaction: 26,928 shares
+2 more
5 metrics
Shares awarded
1,246 shares
Common Stock grant to John Robert Garrett on May 14, 2026
Grant price per share
$0.00 per share
Equity award, non-cash compensation
Shares owned after transaction
26,928 shares
Direct Common Stock holdings following the grant
Transaction code
A
Grant, award, or other acquisition of securities
Transaction direction
acquire
Non-derivative acquisition of Common Stock
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4, direct ownership
4 terms
Common Stock financial
"received an award of 1,246 shares of Common Stock on May 14, 2026"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition regulatory
"transaction code description is "Grant, award, or other acquisition" for this Form 4 entry"
Form 4 regulatory
"Southside Bancshares reported the insider transaction on a Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
direct ownership financial
"Following this award, he directly owns 26,928 shares of Southside Bancshares"