Southside Bancshares (SBSI) officer reports RSU dividend equivalents in Form 4
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Anthony Sherri
Role
Chief Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,326 shares (Direct);
Common Stock — 563 shares (Indirect, ESOP)
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.