Southside Bancshares director adds 28 SBSI shares via dividend equivalents
Southside Bancshares, Inc. (SBSI) director reports small stock accrual from dividend equivalents.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (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.
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