Southside Bancshares (SBSI) director adds 14 dividend-equivalent shares

Rhea-AI Filing Summary

Southside Bancshares Inc. director Raymond C. McKinney reported a compensation-related share award. He acquired 14 shares of common stock at no cost as dividend equivalent rights tied to his existing RSUs following a cash dividend. After this award, he directly holds 1,260 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McKinney Raymond C

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	14	$0.00	--

Holdings After Transaction: Common Stock — 1,260 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 14 shares Post-transaction holdings: 1,260 shares Price per share for award: $0.00 per share

3 metrics

Shares acquired 14 shares Grant of dividend equivalent rights on RSUs

Post-transaction holdings 1,260 shares Common stock held directly after award

Price per share for award $0.00 per share No-cost grant/award acquisition

Key Terms

dividend equivalent rights, RSUs, Grant, award, or other acquisition

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.

RSUs financial

"Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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^*

McKinney Raymond C

(Last) (First) (Middle)

1201 S. BECKHAM AVE

(Street)

TYLER TEXAS 75701

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/01/2026		A		14(1)	A	$0	1,260	D

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	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Southside Bancshares (SBSI) director Raymond McKinney report?

Director Raymond C. McKinney reported acquiring 14 shares of Southside Bancshares common stock. The shares were granted as dividend equivalent rights on his RSUs following a cash dividend and increased his direct holdings to 1,260 shares.

Was the Southside Bancshares (SBSI) Form 4 transaction an open-market trade?

No, the Form 4 transaction was not an open-market trade. McKinney received 14 shares as a grant of dividend equivalent rights on RSUs triggered by a cash dividend, rather than buying or selling shares in the market.

How many Southside Bancshares (SBSI) shares does Raymond McKinney hold after this filing?

After this transaction, Raymond C. McKinney directly holds 1,260 shares of Southside Bancshares common stock. This total reflects the addition of 14 dividend equivalent right shares received in connection with a cash dividend on his RSUs.

What are the dividend equivalent rights mentioned in the Southside Bancshares (SBSI) Form 4?

The filing states McKinney received dividend equivalent rights pursuant to a cash dividend on RSUs he holds. These dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs, effectively mirroring that RSU award’s restrictions.

What does transaction code "A" mean in the Southside Bancshares (SBSI) Form 4?

Transaction code "A" in this Form 4 indicates a grant, award, or other acquisition of securities. In McKinney’s case, it reflects 14 shares of common stock received as dividend equivalent rights tied to his RSUs, not a market purchase.