Southside Bancshares chair acquires 14 dividend shares

A Southside Bancshares director received 14 common shares via dividend-equivalent credits on existing RSUs, bringing his direct holdings to 26,956 shares.

Available on EDGAR 09/08/2026 - 05:24 PM EDT Accepted by SEC EDGAR 09/08/2026 - 05:23 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Southside Bancshares Inc (SBSI) director and chairman of the board John Robert Garrett reported an acquisition of 14 shares of common stock on September 3, 2026. The shares reflect dividend equivalent rights credited on restricted stock units in connection with a cash dividend and were granted at no cash price. Following this award, he directly holds 26,956 common shares, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 14 shares

Grant/Award 1 txn

Insider Garrett John Robert

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	14	$0.00	$0.00

Holdings After Transaction: Common Stock — 26,956 shares (Direct)

Holdings Before and After: Common Stock, 26,942 to 26,956 shares (Direct)

Footnotes (1)

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.

Key Figures

Shares acquired: 14 shares of common stock Price per share: $0.00 per share Shares held after transaction: 26,956 shares +1 more

4 metrics

Shares acquired 14 shares of common stock Grant on September 3, 2026 via dividend equivalent rights

Price per share $0.00 per share Dividend-equivalent grant on restricted stock units

Shares held after transaction 26,956 shares Direct common stock holdings after September 3, 2026 award

Transactions acquiring shares 1 transaction One acquisition transaction reported in this Form 4

Key Terms

dividend equivalent rights, cash dividend, RSUs

3 terms

dividend equivalent rights financial

"Reflects dividend equivalent rights received pursuant to a cash dividend"

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.

cash dividend financial

"received pursuant to a cash dividend on RSUs held by the reporting"

A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SBSI report for John Robert Garrett?

SBSI reported that director and chairman of the board John Robert Garrett acquired 14 shares of common stock on September 3, 2026. The acquisition came from dividend equivalent rights credited on restricted stock units due to a cash dividend.

How many SBSI shares does John Robert Garrett own after this transaction?

After the September 3, 2026 award, John Robert Garrett directly holds 26,956 shares of Southside Bancshares common stock, according to the filing.

What was the price per share for the 14 SBSI shares acquired?

The 14 Southside Bancshares shares were acquired at a reported price of $0.00 per share, reflecting a grant of dividend equivalent rights rather than an open-market purchase.

What are dividend equivalent rights in the context of SBSI’s Form 4?

The filing states that the 14 shares reflect dividend equivalent rights received due to a cash dividend on RSUs held by the reporting person. These rights are subject to the same terms and conditions as the underlying RSUs.

Was the SBSI insider transaction made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates no Rule 10b5-1 trading plan for the reported September 3, 2026 acquisition of 14 dividend-equivalent shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Garrett John Robert

(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)	X	Other (specify below)
			COB

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026

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	09/03/2026		A		14(1)	A	$0	26,956	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:

See attached Power of Attorney- EX-24.

	Lindsey Bibby Bailes, attorney in fact	09/08/2026
	** 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)