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Southside Bancshares (SBSI) officer reports RSU dividend equivalents in Form 4

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

Rhea-AI Filing Summary

Southside Bancshares, Inc. reported a small insider equity transaction involving one of its senior executives. The company’s Chief Banking Officer acquired 17 shares of common stock on 12/04/2025 at a stated price of $0, reflecting dividend equivalent rights tied to previously granted restricted stock units (RSUs). These dividend equivalents are subject to the same vesting and other terms as the underlying RSUs. Following this transaction, the officer directly held 4,326 shares of Southside Bancshares common stock and indirectly held 563 shares through the company’s employee stock ownership plan (ESOP). The filing is administrative in nature and records routine equity-based compensation and dividend reinvestment activity.

Positive

  • None.

Negative

  • None.
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*
Anthony Sherri

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Banking Officer
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 17(1) A $0 4,326 D
Common Stock 563(2) I ESOP
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.
2. Includes shares acquired under the Company's Dividend Reinvestment Program.
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 insider transaction did Southside Bancshares (SBSI) report in this Form 4?

The Form 4 reports that the Chief Banking Officer of Southside Bancshares, Inc. acquired 17 shares of common stock on 12/04/2025 at a stated price of $0, recorded as dividend equivalent rights on existing RSUs.

Who is the reporting person in Southside Bancshares (SBSI) Form 4 and what is their role?

The reporting person is an officer of Southside Bancshares, Inc. serving as the Chief Banking Officer, as indicated in the relationship section of the Form 4.

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

After the reported transaction, the officer beneficially owned 4,326 shares of Southside Bancshares common stock directly and 563 shares indirectly through the company’s ESOP.

What are the dividend equivalent rights mentioned in the Southside Bancshares (SBSI) Form 4?

The filing explains that dividend equivalent rights were received based on a cash dividend paid on RSUs held by the officer. These rights follow the same terms and conditions as the underlying RSUs.

Does the Southside Bancshares (SBSI) Form 4 mention shares acquired through a dividend reinvestment program?

Yes. The explanation notes that the officer’s holdings include shares acquired under the Company’s Dividend Reinvestment Program, in addition to dividend equivalent rights on RSUs.

Is the Southside Bancshares (SBSI) Form 4 filed by a single reporting person or a group?

The form indicates that it is a Form filed by One Reporting Person, not a joint or group filing.

Southside Bancshares Inc

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