[Form 4] Southside Bancshares, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Reporting person: Kirk A. Calhoun, director of Southside Bancshares, Inc. (SBSI). Transaction: On 09/04/2025 the reporting person received 18 dividend equivalent rights related to RSUs, recorded at $0. After the reported transaction the reporting person beneficially owned 16,804 shares directly and 1,063 shares indirectly (IRA). The filing notes the 18 units reflect dividend equivalents paid on RSUs and are subject to the same terms as the underlying RSUs.

Positive

• Transaction is transparent: Form 4 discloses the dividend-equivalent issuance and resulting share counts
• Minor dilution impact: Only 18 dividend-equivalent units were issued, a de minimis change in ownership

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine, small share increase from dividend equivalents on RSUs; immaterial to company valuation.

The Form 4 shows a non-cash issuance of 18 dividend-equivalent units to a director, recorded at $0, increasing direct beneficial ownership to 16,804 shares with an additional 1,063 held indirectly in an IRA. This is a common mechanics-driven transaction tied to equity compensation and does not reflect an open-market purchase or sale.

Corporate Governance Expert

TL;DR: Compensation-related allocation to a director; disclosure aligns with Section 16 reporting requirements.

The disclosure clarifies the nature of the issuance as dividend equivalents on RSUs and notes the units remain subject to the RSU terms. The filing is signed by an attorney-in-fact and appears to meet reporting form requirements for insiders receiving equity compensation.

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
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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^*

Calhoun Kirk A.

(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)
09/04/2025

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	09/04/2025		A		18(1)	A	$0(1)	16,804	D
Common Stock								1,063	I	IRA

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	09/08/2025
	** 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 did Kirk A. Calhoun report on Form 4 for SBSI?

He reported receipt of 18 dividend-equivalent rights related to RSUs on 09/04/2025, with direct beneficial ownership of 16,804 shares and 1,063 shares held indirectly in an IRA.

Were shares purchased or sold in this Form 4 filing for SBSI?

No market purchase or sale was reported; the Form 4 records dividend equivalents paid on existing RSUs, recorded at $0.

What does the explanation note say about the 18 units?

The filing explains the 18 units reflect dividend equivalent rights received pursuant to a cash dividend on RSUs and are subject to the same RSU terms.

Who signed the Form 4 for the reporting person?

The form is signed by Lindsey Bibby Bailes, attorney-in-fact on 09/08/2025.

How many shares does the reporting person beneficially own after the transaction?

After the reported transaction he beneficially owned 16,804 shares directly and 1,063 shares indirectly (IRA).