Director Hilliard J. Shands (SBSI) receives 16-share dividend-equivalent award

Rhea-AI Filing Summary

Southside Bancshares director Hilliard J. Shands reported an equity award of 16 shares of Common Stock on March 5, 2026. The shares were granted at a price of $0.00 per share as a grant, award, or other acquisition tied to existing compensation.

A footnote explains this reflects dividend equivalent rights received from a cash dividend on RSUs already held, and these rights are subject to the same terms and conditions as the underlying RSUs. Following this event, Shands directly held 34,381 common shares, with additional indirect holdings through a spousal trust and IRA accounts.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider SHANDS HILLIARD J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	16	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 34,381 shares (Direct); Common Stock — 201,952 shares (Indirect, Spousal Trust)

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^*

SHANDS HILLIARD J

(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)
03/05/2026

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	03/05/2026		A		16(1)	A	$0	34,381	D
Common Stock								201,952	I	Spousal Trust
Common Stock								6,795	I	IRA
Common Stock								5,721	I	Spouse - 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	03/09/2026
	** 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.

FAQ

What insider transaction did SBSI director Hilliard J. Shands report?

Hilliard J. Shands reported receiving 16 shares of Southside Bancshares common stock as an equity award. The grant was recorded on March 5, 2026 at $0.00 per share and reflects dividend equivalent rights tied to existing RSU awards.

Was the SBSI Form 4 transaction a market purchase or sale?

The Form 4 shows an acquisition coded as a grant or award, not a market purchase or sale. Shands received 16 shares as dividend equivalent rights on RSUs, issued at $0.00 per share rather than through open-market trading.

How many SBSI shares does Hilliard J. Shands hold directly after the award?

After the reported award, Hilliard J. Shands directly holds 34,381 Southside Bancshares common shares. The filing also lists additional indirect holdings in a spousal trust, an IRA, and a spouse’s IRA, each reported separately as indirect ownership positions.

What are dividend equivalent rights mentioned in the SBSI Form 4 footnote?

Dividend equivalent rights are additional units or shares granted to mirror cash dividends on RSUs. In this case, Shands received 16 common shares as dividend equivalents, and these rights follow the same terms and conditions as the underlying RSU awards already held.

What indirect SBSI holdings are reported for Hilliard J. Shands?

The filing lists indirect Southside Bancshares common stock holdings through a spousal trust, an IRA, and a spouse’s IRA. Reported totals after the transaction include 201,952 shares in a spousal trust and additional shares in IRA accounts classified as indirect ownership.