STOCK TITAN

SOUTHSIDE BANCSHARES INC (SBSI) director reports grant of 22 shares

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

Rhea-AI Filing Summary

SOUTHSIDE BANCSHARES INC director Lawrence Lazelle Anderson reported an acquisition of 22 shares of common stock on March 5, 2026. The shares reflect dividend equivalent rights received from a cash dividend on RSUs, bringing his directly held shares to 3,802. He also reports 15,929 shares held indirectly through the Lawrence L Anderson Spousal Trust.

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Insider ANDERSON LAWRENCE LAZELLE
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 22 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 3,802 shares (Direct); Common Stock — 15,929 shares (Indirect, Lawrence L Anderson Spousal Trust)
Footnotes (1)
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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*
ANDERSON LAWRENCE LAZELLE

(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 22(1) A $0 3,802 D
Common Stock 15,929 I Lawrence L Anderson Spousal Trust
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 SOUTHSIDE BANCSHARES INC (SBSI) report for Lawrence Lazelle Anderson?

Lawrence Lazelle Anderson reported receiving 22 shares of SOUTHSIDE BANCSHARES INC common stock as a grant on March 5, 2026. These shares are dividend equivalent rights tied to RSUs, increasing his directly held stake to 3,802 shares in total.

Were the 22 SOUTHSIDE BANCSHARES INC (SBSI) shares bought on the market?

The 22 shares were not market purchases; they were granted as dividend equivalent rights from a cash dividend on RSUs. This means Anderson received additional share-based rights instead of buying shares, and they follow the same terms as the original RSU awards.

How many SOUTHSIDE BANCSHARES INC (SBSI) shares does Lawrence Lazelle Anderson hold directly and indirectly?

After the reported grant, Anderson directly holds 3,802 shares of SOUTHSIDE BANCSHARES INC common stock. He also reports indirect ownership of 15,929 shares held through the Lawrence L Anderson Spousal Trust, reflecting a separate ownership line from his personal direct holdings.

What does the footnote about dividend equivalent rights mean for SBSI’s Form 4 filing?

The footnote explains that the 22 reported shares are dividend equivalent rights from a cash dividend on RSUs. These rights mirror the underlying RSUs’ terms and conditions, so they vest and are treated consistently with the original restricted stock unit awards already held.