Southside Bancshares director reports 16-share stock grant via RSU dividends
Southside Bancshares Inc. director reports small stock acquisition via dividend equivalents.
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Rhea-AI Filing Summary
Southside Bancshares Inc. director reports small stock acquisition via dividend equivalents. A company director filed a Form 4 disclosing the acquisition of 16 shares of Southside Bancshares common stock on 12/04/2025 at a price of $0. These shares reflect dividend equivalent rights credited in connection with a cash dividend on restricted stock units (RSUs) already held by the insider and are subject to the same terms and conditions as the underlying RSUs.
Following this transaction, the director beneficially owns 11,486 shares of common stock directly, 23,143 shares through a spousal IRA, and 681 shares through a personal IRA. The filing indicates the report is made by a single reporting person in their capacity as a director of Southside Bancshares Inc.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
| 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.
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