STOCK TITAN

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

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Southside Bancshares (SBSI) director Shannon Dacus reported a Form 4 showing a non‑derivative acquisition on 09/04/2025. The filing records an acquisition coded "A" of 15 shares at a $0 price, which the filer explains are dividend equivalent rights paid in cash on restricted stock units (RSUs). After this transaction the reporting person beneficially owns 8,457 shares in a direct form. The Form 4 was signed by an attorney‑in‑fact on 09/08/2025. No option, convertible or other derivative positions are reported in this filing.

Shannon Dacus, membro del consiglio di Southside Bancshares (SBSI), ha depositato un Form 4 che riporta un'acquisizione non derivativa in data 04/09/2025. Nel documento è registrata un'acquisizione codificata "A" di 15 azioni a prezzo $0, che il dichiarante spiega essere diritti equivalenti a dividendi pagati in contanti su restricted stock units (RSU). Dopo questa operazione la persona segnalante detiene beneficiariamente 8.457 azioni in forma diretta. Il Form 4 è stato firmato da un procuratore il 08/09/2025. Nel deposito non sono riportate opzioni, convertibili o altre posizioni derivate.

Shannon Dacus, directora de Southside Bancshares (SBSI), presentó un Formulario 4 que muestra una adquisición no derivada el 04/09/2025. La presentación registra una adquisición codificada "A" de 15 acciones a precio $0, que la persona informante explica son derechos equivalentes a dividendos pagados en efectivo sobre unidades de acciones restringidas (RSU). Tras esta operación, la persona informante posee beneficiariamente 8.457 acciones en forma directa. El Form 4 fue firmado por un apoderado el 08/09/2025. No se informan opciones, valores convertibles u otras posiciones derivadas en este documento.

Southside Bancshares(SBSI) 이사 Shannon Dacus가 2025-09-04자 비파생(Non‑derivative) 취득을 보고한 Form 4를 제출했습니다. 제출서에는 가격 $0로 표시된 코드 "A"의 15주 취득이 기록되어 있으며, 제출인은 이것이 제한주(RSU)에 대한 현금으로 지급된 배당 유사 권리(dividend equivalent rights)라고 설명합니다. 이 거래 후 보고인은 직접 보유 형태로 8,457주를 실질적으로 보유하게 됩니다. Form 4는 2025-09-08에 대리인이 서명했습니다. 이 제출서에는 옵션, 전환증권 또는 기타 파생상품 포지션은 보고되어 있지 않습니다.

Shannon Dacus, administratrice de Southside Bancshares (SBSI), a déposé un Form 4 indiquant une acquisition non dérivée en date du 04/09/2025. Le dépôt enregistre une acquisition codée "A" de 15 actions au prix de 0 $, que la personne déclarante explique être des droits équivalents de dividendes payés en espèces sur des restricted stock units (RSU). Après cette opération, la personne signalante détient bénéficiairement 8 457 actions en forme directe. Le Form 4 a été signé par un mandataire le 08/09/2025. Aucune option, valeur convertible ou autre position dérivée n'est déclarée dans ce dépôt.

Shannon Dacus, Direktor von Southside Bancshares (SBSI), meldete am 04.09.2025 in einem Form 4 einen nicht‑derivativen Erwerb. Die Meldung verzeichnet einen Erwerb, kodiert als "A", von 15 Aktien zu einem Preis von $0, den der Melder als dividendenäquivalente Rechte, in bar ausgezahlt auf Restricted Stock Units (RSUs) erklärt. Nach dieser Transaktion besitzt die meldepflichtige Person wirtschaftlich 8.457 Aktien in direkter Form. Das Form 4 wurde am 08.09.2025 von einem Bevollmächtigten unterzeichnet. In dieser Meldung werden keine Optionen, Wandelinstrumente oder sonstige derivative Positionen angegeben.

Positive
  • Increased direct beneficial ownership to 8,457 shares following the reported transaction
  • Transaction is clearly explained as dividend equivalent rights on RSUs, indicating transparent reporting
Negative
  • None.

Insights

TL;DR: Small, non‑cash share accrual from dividend equivalents increases insider's direct stake to 8,457 shares; immaterial to valuation.

The Form 4 documents receipt of 15 shares attributed to dividend equivalent rights on RSUs, recorded as an acquisition at no cash price and raising direct beneficial ownership to 8,457 shares. This type of transaction is typically administrative and reflects compensation mechanics rather than open‑market purchasing or sale. There are no reported derivative holdings or disposals in this filing, and no cash consideration was paid.

TL;DR: Routine insider reporting of dividend equivalents on RSUs; compliance present via timely Form 4 submission signed by attorney‑in‑fact.

The filing indicates standard compliance with Section 16 reporting: a director reported a small acquisition resulting from dividend equivalents tied to RSUs. The explanatory note clarifies the nature of the shares. Filing by one reporting person and signature by an attorney‑in‑fact are documented, showing procedural adherence. There is no indication of changes to board status or other governance events.

Shannon Dacus, membro del consiglio di Southside Bancshares (SBSI), ha depositato un Form 4 che riporta un'acquisizione non derivativa in data 04/09/2025. Nel documento è registrata un'acquisizione codificata "A" di 15 azioni a prezzo $0, che il dichiarante spiega essere diritti equivalenti a dividendi pagati in contanti su restricted stock units (RSU). Dopo questa operazione la persona segnalante detiene beneficiariamente 8.457 azioni in forma diretta. Il Form 4 è stato firmato da un procuratore il 08/09/2025. Nel deposito non sono riportate opzioni, convertibili o altre posizioni derivate.

Shannon Dacus, directora de Southside Bancshares (SBSI), presentó un Formulario 4 que muestra una adquisición no derivada el 04/09/2025. La presentación registra una adquisición codificada "A" de 15 acciones a precio $0, que la persona informante explica son derechos equivalentes a dividendos pagados en efectivo sobre unidades de acciones restringidas (RSU). Tras esta operación, la persona informante posee beneficiariamente 8.457 acciones en forma directa. El Form 4 fue firmado por un apoderado el 08/09/2025. No se informan opciones, valores convertibles u otras posiciones derivadas en este documento.

Southside Bancshares(SBSI) 이사 Shannon Dacus가 2025-09-04자 비파생(Non‑derivative) 취득을 보고한 Form 4를 제출했습니다. 제출서에는 가격 $0로 표시된 코드 "A"의 15주 취득이 기록되어 있으며, 제출인은 이것이 제한주(RSU)에 대한 현금으로 지급된 배당 유사 권리(dividend equivalent rights)라고 설명합니다. 이 거래 후 보고인은 직접 보유 형태로 8,457주를 실질적으로 보유하게 됩니다. Form 4는 2025-09-08에 대리인이 서명했습니다. 이 제출서에는 옵션, 전환증권 또는 기타 파생상품 포지션은 보고되어 있지 않습니다.

Shannon Dacus, administratrice de Southside Bancshares (SBSI), a déposé un Form 4 indiquant une acquisition non dérivée en date du 04/09/2025. Le dépôt enregistre une acquisition codée "A" de 15 actions au prix de 0 $, que la personne déclarante explique être des droits équivalents de dividendes payés en espèces sur des restricted stock units (RSU). Après cette opération, la personne signalante détient bénéficiairement 8 457 actions en forme directe. Le Form 4 a été signé par un mandataire le 08/09/2025. Aucune option, valeur convertible ou autre position dérivée n'est déclarée dans ce dépôt.

Shannon Dacus, Direktor von Southside Bancshares (SBSI), meldete am 04.09.2025 in einem Form 4 einen nicht‑derivativen Erwerb. Die Meldung verzeichnet einen Erwerb, kodiert als "A", von 15 Aktien zu einem Preis von $0, den der Melder als dividendenäquivalente Rechte, in bar ausgezahlt auf Restricted Stock Units (RSUs) erklärt. Nach dieser Transaktion besitzt die meldepflichtige Person wirtschaftlich 8.457 Aktien in direkter Form. Das Form 4 wurde am 08.09.2025 von einem Bevollmächtigten unterzeichnet. In dieser Meldung werden keine Optionen, Wandelinstrumente oder sonstige derivative Positionen angegeben.

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*
Dacus Shannon

(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 15(1) A $0(1) 8,457 D
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 Shannon Dacus report on the Form 4 for SBSI?

The Form 4 reports an acquisition of 15 shares on 09/04/2025 recorded at a $0 price, explained as dividend equivalent rights on RSUs.

How many Southside Bancshares (SBSI) shares does the reporting person own after the transaction?

The reporting person beneficially owns 8,457 shares following the reported transaction.

Was any cash paid for the shares reported on the Form 4?

No cash was paid; the 15 shares are recorded at a $0 price and arise from dividend equivalent rights on RSUs.

Does the Form 4 report any derivative securities or option exercises?

No. Table II shows no derivative securities acquired, disposed of, or beneficially owned in this filing.

Who signed the Form 4 and when was it signed?

The form was signed by Lindsey Bibby Bailes, attorney in fact on 09/08/2025.
Southside Bancshares Inc

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