Southside Bancshares (SBSI) officer adds stock via RSU dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DAVIS SUNI M reported acquisition or exercise transactions in this Form 4 filing.
Southside Bancshares chief treasury officer Suni M. Davis received a grant of 42 shares of common stock on March 5, 2026. The award reflects dividend equivalent rights paid in stock on restricted stock units, with no cash price per share.
After this grant, Davis directly holds 13,047 common shares. Indirect holdings include 10,507 shares in a 401(k) plan, which comprise dividend reinvestment program shares and those bought through monthly payroll contributions, and 2,584 shares in the company ESOP from annual contributions and dividend reinvestments.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
DAVIS SUNI M
Role
CHIEF TREASURY OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,047 shares (Direct);
Common Stock — 10,507 shares (Indirect, 401K)
Footnotes (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. Includes shares acquired under the company's Dividend Reinvestment Program and shares acquired through monthly payroll contributions. Amount includes shares received in connection with the Company's annual ESOP contribution, forfeiture allocation and quarterly dividend reinvestment.
FAQ
What insider transaction did SBSI officer Suni M. Davis report on this Form 4?
Suni M. Davis reported receiving 42 shares of Southside Bancshares common stock as a stock grant. The award represents dividend equivalent rights paid on existing restricted stock units, increasing her directly held shares without any cash purchase price per share.