STOCK TITAN

Director Garrett (SBSI) receives 16-share dividend-equivalent stock award

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

Rhea-AI Filing Summary

Southside Bancshares director John Robert Garrett reported a small equity award. On March 5, 2026, he acquired 16 shares of common stock at $0.00 per share as dividend equivalent rights tied to his existing RSUs. Following this grant, he directly owns 25,682 common shares.

Positive

  • None.

Negative

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Insider Garrett John Robert
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 16 $0.00 --
Holdings After Transaction: Common Stock — 25,682 shares (Direct)
Footnotes (1)
  1. [object Object]
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*
Garrett John Robert

(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) X Other (specify below)
COB
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 16(1) A $0 25,682 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 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 (SBSI) report for John Robert Garrett?

Southside Bancshares reported that director John Robert Garrett acquired 16 shares of common stock. The shares were granted at $0.00 per share as dividend equivalent rights on his RSUs, increasing his directly owned stake to 25,682 common shares after the transaction.

Was the Southside Bancshares (SBSI) insider Form 4 a purchase or an award?

The Form 4 reflects an equity award, not an open-market purchase. Garrett received 16 common shares at $0.00 per share as dividend equivalent rights linked to a cash dividend on RSUs he already held, under the same terms as those RSUs.

How many Southside Bancshares (SBSI) shares does John Robert Garrett own after this filing?

After receiving the 16-share dividend equivalent award, John Robert Garrett directly owns 25,682 shares of Southside Bancshares common stock. This total reflects his holdings immediately following the March 5, 2026 grant reported in the Form 4 filing.

What are dividend equivalent rights in the Southside Bancshares (SBSI) Form 4?

Dividend equivalent rights are additional units granted to mirror cash dividends paid on RSUs. In this case, Garrett received 16 such rights, recorded as common stock, and they are subject to the same terms and conditions as the underlying RSUs he holds.

Did John Robert Garrett pay anything for the new Southside Bancshares (SBSI) shares?

He did not pay cash for the new shares. The 16 Southside Bancshares common shares were granted at $0.00 per share as dividend equivalent rights related to a cash dividend on his RSUs, rather than through an open-market purchase.