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Southside Bancshares (SBSI) CFO updates insider holdings after RSU dividend shares

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

Rhea-AI Filing Summary

Southside Bancshares, Inc. CFO reports a routine share acquisition. A company officer filed a Form 4 disclosing the acquisition of 71 shares of common stock on 12/04/2025, recorded at a price of $0 because they were received as dividend equivalent rights tied to restricted stock units (RSUs). After this transaction, the officer beneficially owns 28,822 shares directly, along with additional indirect holdings through a 401(k) SSB Trust, an ESOP, an IRA, and a spouse’s IRA. The filing notes that these dividend equivalent rights follow the same terms and conditions as the underlying RSUs and that some of the total shares include amounts accumulated through the company’s Dividend Reinvestment Program.

Positive

  • None.

Negative

  • None.
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*
SHAMBURGER JULIE

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO
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 71(1) A $0 28,822 D
Common Stock 4,843(2) I 401k SSB Trust
Common Stock 4,206(2) I by ESOP
Common Stock 3,787 I IRA
Common Stock 3,250 I Spouse 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.
2. Includes shares acquired under the Company's Dividend Reinvestment Program.
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 did Southside Bancshares (SBSI) disclose in this Form 4 filing?

The filing reports that the CFO of Southside Bancshares, Inc. acquired 71 shares of common stock on 12/04/2025, related to dividend equivalent rights on RSUs, and updates the total number of shares the officer beneficially owns in various accounts.

Who is the reporting person in the Southside Bancshares (SBSI) Form 4 and what is their role?

The reporting person is an officer of Southside Bancshares, Inc. with the title CFO, as indicated in the relationship section of the Form 4.

How many Southside Bancshares (SBSI) shares does the CFO own after the reported transaction?

After the transaction, the CFO beneficially owns 28,822 shares of common stock directly, plus additional indirect holdings including 4,843 shares through a 401k SSB Trust, 4,206 shares through an ESOP, 3,787 shares in an IRA, and 3,250 shares in a spouse’s IRA.

What is the nature of the 71 Southside Bancshares (SBSI) shares acquired by the CFO?

The 71 shares reflect dividend equivalent rights received from a cash dividend on RSUs held by the CFO. These dividend equivalents follow the same terms and conditions as the underlying RSUs and are shown at a price of $0 because they were granted, not purchased.

Does this Southside Bancshares (SBSI) Form 4 involve any derivative securities?

Table II for derivative securities is included in the form layout, but the provided content does not list any specific derivative security transactions, focusing instead on common stock and RSU-related dividend equivalents.

What additional information is given about Southside Bancshares (SBSI) share totals in this Form 4?

The explanation section states that the reported holdings include shares acquired under the Company's Dividend Reinvestment Program, and that dividend equivalent rights are subject to the same terms and conditions as the related RSUs.

Southside Bancshares Inc

NYSE:SBSI

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928.74M
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5.49%
58.67%
3.42%
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