STOCK TITAN

Southside Bancshares (SBSI) director reports RSU dividend-equivalent stock accrual on Form 4

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

Rhea-AI Filing Summary

Southside Bancshares, Inc. (SBSI) director reports small stock accrual from dividend equivalents. A director of Southside Bancshares filed a Form 4 disclosing an acquisition of 28 shares of common stock on 12/04/2025 at a reported price of $0. This reflects dividend equivalent rights credited in connection with a cash dividend on previously granted restricted stock units (RSUs), which follow the same terms and conditions as the underlying RSUs.

Following this transaction, the reporting person beneficially owns 20,469 shares directly and 1,430 shares indirectly through a spouse. The filing is an administrative update showing routine equity-based compensation adjustments rather than a large open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider SMITH PRESTON L
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 28 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 20,469 shares (Direct); Common Stock — 1,430 shares (Indirect, Spouse)
Footnotes (1)
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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*
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)
12/04/2025
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 12/04/2025 A 28(1) A $0 20,469 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 12/08/2025
** 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 the Southside Bancshares (SBSI) Form 4 filed on 12/08/2025 report?

The Form 4 reports that a director of Southside Bancshares, Inc. acquired 28 shares of common stock on 12/04/2025, reflecting dividend equivalent rights tied to restricted stock units (RSUs).

How many Southside Bancshares (SBSI) shares does the insider own after this transaction?

After the reported transaction, the insider beneficially owns 20,469 shares of common stock directly and 1,430 shares indirectly through a spouse.

What was the price of the Southside Bancshares shares acquired in this Form 4?

The 28 shares of Southside Bancshares common stock were reported as acquired at a price of $0, reflecting non-cash dividend equivalent rights credited on existing RSUs.

Why were additional Southside Bancshares (SBSI) shares credited to the director?

The filing explains that the 28 shares represent dividend equivalent rights received due to a cash dividend on RSUs held by the reporting person, and these rights follow the same terms as the underlying RSUs.

What is the relationship of the reporting person to Southside Bancshares (SBSI)?

The reporting person is identified as a Director of Southside Bancshares, Inc., as indicated in the relationship section of the Form 4.

Is the Southside Bancshares (SBSI) Form 4 filed jointly with others?

No. The Form 4 indicates it is a Form filed by one reporting person, not a joint or group filing.