STOCK TITAN

[Form 4] Southside Bancshares, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Preston L. Smith, a director of Southside Bancshares, Inc. (SBSI), received dividend equivalent rights tied to restricted stock units. The Form 4 reports a transaction dated 09/04/2025 showing 26 shares acquired at $0 as dividend equivalents on RSUs. After the transaction the reporting person directly beneficially owned 20,441 shares and indirectly owned 1,430 shares through a spouse.

The form is filed individually and signed by an attorney-in-fact on 09/08/2025. The filer checked the box indicating the reporting person is a director. The filing explains the shares reflect cash-dividend equivalent rights subject to the same RSU terms.

Preston L. Smith, amministratore di Southside Bancshares, Inc. (SBSI), ha ricevuto diritti equivalenti a dividendi collegati a unità azionarie vincolate (RSU). Il Modulo 4 riporta una operazione del 04/09/2025 con 26 azioni acquisite a $0 come equivalenti di dividendo sulle RSU. Dopo l'operazione la persona segnalante possedeva direttamente 20.441 azioni e indirettamente 1.430 azioni tramite la coniuge.

Il modulo è stato depositato individualmente e firmato da un procuratore il 08/09/2025. Il dichiarante ha selezionato la casella che indica che la persona segnalante è un amministratore. Nel deposito si precisa che le azioni rappresentano diritti in contanti equivalenti ai dividendi soggetti agli stessi termini delle RSU.

Preston L. Smith, director de Southside Bancshares, Inc. (SBSI), recibió derechos equivalentes a dividendos vinculados a unidades de acciones restringidas (RSU). El Formulario 4 reporta una transacción fechada el 04/09/2025 que muestra 26 acciones adquiridas a $0 como equivalentes de dividendo sobre las RSU. Tras la operación, la persona informante poseía directamente 20.441 acciones e indirectamente 1.430 acciones a través de su cónyuge.

El formulario se presentó de forma individual y fue firmado por un apoderado el 08/09/2025. El presentador marcó la casilla que indica que la persona informante es director. La presentación aclara que las acciones reflejan derechos de equivalencia en efectivo por dividendos sujetos a los mismos términos de las RSU.

Preston L. Smith는 Southside Bancshares, Inc. (SBSI)의 이사로서 제한주식단위(RSU)에 연동된 배당금 등가 권리를 받았습니다. Form 4는 2025-09-04자 거래로 RSU에 대한 배당 등가로서 $0에 취득한 26주를 보고합니다. 거래 후 보고자는 직접적으로 20,441주를 보유하고 배우자를 통해 간접적으로 1,430주를 보유하고 있었습니다.

해당 서류는 개인 자격으로 제출되었고 2025-09-08에 대리인(법무대리인)이 서명했습니다. 제출자는 보고인이 이사임을 표시하는란을 선택했습니다. 제출서에는 해당 주식이 동일한 RSU 조건에 따르는 현금 배당 등가 권리를 반영한다고 설명되어 있습니다.

Preston L. Smith, administrateur de Southside Bancshares, Inc. (SBSI), a reçu des droits équivalents de dividendes liés à des unités d'actions restreintes (RSU). Le formulaire 4 indique une transaction datée du 04/09/2025 montrant 26 actions acquises à $0 en tant qu'équivalents de dividendes sur des RSU. Après la transaction, la personne déclarée détenait directement 20 441 actions et indirectement 1 430 actions par l'intermédiaire de son conjoint.

Le formulaire a été déposé à titre individuel et signé par un mandataire le 08/09/2025. Le déclarant a coché la case indiquant que la personne déclarée est un administrateur. Le dépôt précise que les actions reflètent des droits d'équivalence de dividendes en espèces soumis aux mêmes conditions que les RSU.

Preston L. Smith, Direktor von Southside Bancshares, Inc. (SBSI), erhielt dividendenäquivalente Rechte, die an Restricted Stock Units (RSUs) gebunden sind. Das Formular 4 meldet eine Transaktion vom 04.09.2025 mit 26 Aktien, erworben zu $0 als Dividendenäquivalente auf RSUs. Nach der Transaktion hielt die meldende Person direkt 20.441 Aktien und indirekt 1.430 Aktien über die Ehefrau.

Das Formular wurde individuell eingereicht und am 08.09.2025 von einem Bevollmächtigten unterzeichnet. Der Einreicher setzte das Kästchen, das angibt, dass die meldende Person ein Direktor ist. In der Einreichung wird erklärt, dass es sich bei den Aktien um barwertige Dividendenäquivalente handelt, die den gleichen RSU-Bedingungen unterliegen.

Positive
  • Director received dividend-equivalent shares increasing direct holdings to 20,441 shares
  • Filing discloses both direct and indirect ownership (1,430 shares indirect via spouse), supporting transparency
Negative
  • None.

Insights

TL;DR: Routine dividend-equivalent issuance to a director; small share amount and non-cash acquisition suggest minimal market impact.

The Form 4 documents a non-cash acquisition of 26 shares as dividend equivalents on RSUs, increasing the reporting person's direct holdings to 20,441 shares. This is an administrative equity issuance tied to compensation rather than an open-market purchase or sale, and the report contains no changes to option positions, disposals, or cash purchases. For investors tracking insider transactions, this is a routine compensation-related entry with no explicit change in company guidance, financing, or control.

TL;DR: Governance disclosure completed properly for director compensation; filing provides standard explanatory note.

The reporting person is identified as a director and filed singly, with the form signed by an attorney-in-fact. The explanation clarifies the nature of the issuance as dividend equivalent rights on RSUs, which are governed by the underlying award terms. The filing includes direct and indirect beneficial ownership amounts, supporting transparency around director equity holdings. There are no indications of unusual or corrective disclosures in this Form 4.

Preston L. Smith, amministratore di Southside Bancshares, Inc. (SBSI), ha ricevuto diritti equivalenti a dividendi collegati a unità azionarie vincolate (RSU). Il Modulo 4 riporta una operazione del 04/09/2025 con 26 azioni acquisite a $0 come equivalenti di dividendo sulle RSU. Dopo l'operazione la persona segnalante possedeva direttamente 20.441 azioni e indirettamente 1.430 azioni tramite la coniuge.

Il modulo è stato depositato individualmente e firmato da un procuratore il 08/09/2025. Il dichiarante ha selezionato la casella che indica che la persona segnalante è un amministratore. Nel deposito si precisa che le azioni rappresentano diritti in contanti equivalenti ai dividendi soggetti agli stessi termini delle RSU.

Preston L. Smith, director de Southside Bancshares, Inc. (SBSI), recibió derechos equivalentes a dividendos vinculados a unidades de acciones restringidas (RSU). El Formulario 4 reporta una transacción fechada el 04/09/2025 que muestra 26 acciones adquiridas a $0 como equivalentes de dividendo sobre las RSU. Tras la operación, la persona informante poseía directamente 20.441 acciones e indirectamente 1.430 acciones a través de su cónyuge.

El formulario se presentó de forma individual y fue firmado por un apoderado el 08/09/2025. El presentador marcó la casilla que indica que la persona informante es director. La presentación aclara que las acciones reflejan derechos de equivalencia en efectivo por dividendos sujetos a los mismos términos de las RSU.

Preston L. Smith는 Southside Bancshares, Inc. (SBSI)의 이사로서 제한주식단위(RSU)에 연동된 배당금 등가 권리를 받았습니다. Form 4는 2025-09-04자 거래로 RSU에 대한 배당 등가로서 $0에 취득한 26주를 보고합니다. 거래 후 보고자는 직접적으로 20,441주를 보유하고 배우자를 통해 간접적으로 1,430주를 보유하고 있었습니다.

해당 서류는 개인 자격으로 제출되었고 2025-09-08에 대리인(법무대리인)이 서명했습니다. 제출자는 보고인이 이사임을 표시하는란을 선택했습니다. 제출서에는 해당 주식이 동일한 RSU 조건에 따르는 현금 배당 등가 권리를 반영한다고 설명되어 있습니다.

Preston L. Smith, administrateur de Southside Bancshares, Inc. (SBSI), a reçu des droits équivalents de dividendes liés à des unités d'actions restreintes (RSU). Le formulaire 4 indique une transaction datée du 04/09/2025 montrant 26 actions acquises à $0 en tant qu'équivalents de dividendes sur des RSU. Après la transaction, la personne déclarée détenait directement 20 441 actions et indirectement 1 430 actions par l'intermédiaire de son conjoint.

Le formulaire a été déposé à titre individuel et signé par un mandataire le 08/09/2025. Le déclarant a coché la case indiquant que la personne déclarée est un administrateur. Le dépôt précise que les actions reflètent des droits d'équivalence de dividendes en espèces soumis aux mêmes conditions que les RSU.

Preston L. Smith, Direktor von Southside Bancshares, Inc. (SBSI), erhielt dividendenäquivalente Rechte, die an Restricted Stock Units (RSUs) gebunden sind. Das Formular 4 meldet eine Transaktion vom 04.09.2025 mit 26 Aktien, erworben zu $0 als Dividendenäquivalente auf RSUs. Nach der Transaktion hielt die meldende Person direkt 20.441 Aktien und indirekt 1.430 Aktien über die Ehefrau.

Das Formular wurde individuell eingereicht und am 08.09.2025 von einem Bevollmächtigten unterzeichnet. Der Einreicher setzte das Kästchen, das angibt, dass die meldende Person ein Direktor ist. In der Einreichung wird erklärt, dass es sich bei den Aktien um barwertige Dividendenäquivalente handelt, die den gleichen RSU-Bedingungen unterliegen.

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*
SMITH PRESTON L

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/04/2025
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 09/04/2025 A 26(1) A $0(1) 20,441 D
Common Stock 1,430 I Spouse
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 09/08/2025
** 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 Preston L. Smith report on the Form 4 for SBSI?

The Form 4 reports that Preston L. Smith received 26 shares as dividend equivalent rights on RSUs on 09/04/2025, resulting in 20,441 shares directly owned and 1,430 shares indirectly owned.

Was the transaction a purchase or a non-cash issuance in the SBSI Form 4?

It was a non-cash issuance: 26 shares were acquired at $0 as dividend equivalents tied to RSUs.

What relationship to the issuer does the reporting person have?

The filer is identified as a Director of Southside Bancshares, Inc.

When was the Form 4 signed and by whom?

The form was signed by Lindsey Bibby Bailes, attorney-in-fact on 09/08/2025.

Does the Form 4 show any sales or option exercises by the reporting person?

No. The filing shows an acquisition of dividend equivalent shares and does not report any sales or derivative exercises.
Southside Bancshares Inc

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