Southside Bancshares (SBSI) officer updates holdings after 18-share RSU dividend grant
Rhea-AI Filing Summary
Southside Bancshares Inc. officer reports small stock acquisition
A Southside Bancshares Inc. (SBSI) officer, listed as Regional President, ETX, filed a Form 4 disclosing a minor change in ownership. On 12/04/2025, the officer acquired 18 shares of common stock at a price of $0, increasing directly held shares to 5,024. The filing explains that this reflects dividend equivalent rights received from a cash dividend on restricted stock units, which carry the same terms as the underlying RSUs, and also notes that reported totals include shares acquired under the company’s Dividend Reinvestment Program.
After the transaction, the officer beneficially owns 5,024 common shares directly, 2,168 shares indirectly through a 401(k), and 1,805 shares indirectly through an ESOP, illustrating a mix of direct and retirement-plan-based ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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.