Southside Bancshares (SBSI) Director Reports 15-Share RSU Dividend

Rhea-AI Filing Summary

Susan Elaine Anderson, a director of Southside Bancshares, Inc. (SBSI), received 15 shares on 09/04/2025 as dividend equivalent rights tied to restricted stock units (RSUs). The shares were issued at $0 as part of a cash dividend treatment and increased Ms. Anderson's direct beneficial ownership to 11,470 shares. The filing also reports indirect holdings of 23,143 shares (spousal IRA) and 681 shares (IRA). The Form 4 was signed by an attorney-in-fact on 09/08/2025. The disclosure reflects a routine equity issuance tied to compensation/dividend mechanics rather than an open-market purchase or sale.

Insights

Financial Analyst

TL;DR: Small issuance of 15 dividend-equivalent shares minimally alters ownership; no cash consideration and no market trade reported.

The transaction is a non-cash issuance of 15 shares as dividend equivalents on RSUs, which increases the reporting person’s direct stake to 11,470 shares while significant indirect holdings remain in retirement accounts. Because the shares were issued at $0 and arise from compensation/dividend mechanics, this filing is unlikely to affect short-term market valuation or signal a change in insider conviction. Materiality is low given the small number of shares relative to typical institutional positions.

Corporate Governance Expert

TL;DR: Routine equity compensation event for a director; disclosure complies with Section 16 reporting requirements.

This Form 4 documents the reporting of dividend-equivalent rights converted to common stock underlying RSUs. The filing identifies the reporting person as a director and discloses direct and indirect ownership breakdowns, including spousal IRA and personal IRA holdings. The signature by an attorney-in-fact and the explanatory remark clarify the non-market nature of the transaction. From a governance standpoint, the filing is standard and presents no control or related-party concerns.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider ANDERSON SUSAN ELAINE

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	15	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 11,470 shares (Direct); Common Stock — 23,143 shares (Indirect, Spousal IRA)

Footnotes (1)

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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^*

ANDERSON SUSAN ELAINE

(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		15(1)	A	$0(1)	11,470	D
Common Stock								23,143	I	Spousal IRA
Common Stock								681	I	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.

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.
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