STOCK TITAN

Southside Bancshares (SBSI) director reports small 14-share RSU dividend grant

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

Rhea-AI Filing Summary

Southside Bancshares Inc. director Patricia Ann Callan reported a small compensation-related stock acquisition rather than an open-market trade. On June 1, 2026, she received 14 shares of common stock with a reported price of $0.00 per share, classified as a grant or award. A footnote explains these represent dividend equivalent rights credited in connection with a cash dividend on restricted stock units, and they carry the same terms as the underlying RSUs, making this a routine adjustment to her equity compensation. Following the transaction, she directly holds 7,150 shares of common stock and indirectly holds 5,039 shares through an IRA, as reflected in the filing.

Positive

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Insider CALLAN PATRICIA ANN
Role null
Type Security Shares Price Value
Grant/Award Common Stock 14 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 7,150 shares (Direct, null); Common Stock — 5,039 shares (Indirect, IRA)
Footnotes (1)
  1. [object Object]
Grant shares 14 shares Common stock grant on June 1, 2026
Grant price $0.00 per share Reported price for 14-share acquisition
Direct holdings after transaction 7,150 shares Common stock directly owned after June 1, 2026 grant
Indirect IRA holdings 5,039 shares Common stock held indirectly through IRA as of June 1, 2026
Total reported holdings 12,189 shares Sum of direct and indirect shares reported in this Form 4
dividend equivalent rights financial
"Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs"
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
"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.
restricted stock units financial
"underlying RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
indirect ownership financial
"5039.0000 ... direct_or_indirect: I, nature_of_ownership: IRA"
Form 4 regulatory
"INSIDER FILING DATA (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.
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SEC Form 4
FORM 4UNITED 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 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A14(1)A$07,150D
Common Stock5,039IIRA
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 fact06/03/2026
** Signature of Reporting PersonDate
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 SBSI director Patricia Ann Callan report?

Patricia Ann Callan reported receiving 14 shares of Southside Bancshares common stock as a grant. The filing classifies this as a compensation-related acquisition, not an open-market purchase, and ties it to dividend equivalent rights on existing restricted stock units.

How many Southside Bancshares (SBSI) shares does Patricia Ann Callan hold after this filing?

After the reported transactions, Patricia Ann Callan directly holds 7,150 shares of Southside Bancshares common stock. She also indirectly holds 5,039 shares through an IRA, giving a combined position of 12,189 shares reported in this Form 4.

What does the 14-share grant to SBSI director Callan represent?

The 14-share grant represents dividend equivalent rights credited from a cash dividend on restricted stock units held by Callan. These dividend equivalents follow the same terms and conditions as the underlying RSUs, functioning as a standard adjustment within her equity compensation package.

Was the SBSI Form 4 transaction a market buy or sell?

The Form 4 does not show any open-market buy or sell for Patricia Ann Callan. Instead, it reports a grant of 14 shares at a stated price of $0.00 per share, reflecting compensation-related dividend equivalent rights rather than a discretionary trade.

How is Patricia Ann Callan’s indirect ownership in SBSI structured?

Patricia Ann Callan’s indirect ownership in Southside Bancshares is reported as 5,039 common shares held through an IRA. The filing classifies this as indirect ownership, separate from her 7,150 directly held shares, providing transparency into how her holdings are structured.