STOCK TITAN

Southside Bancshares (SBSI) COO reports 206-share tax withholding at $32.76

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

Rhea-AI Filing Summary

Southside Bancshares Chief Operating Officer John Mitchell Craddock Jr. reported a routine tax-related share disposition. On May 30, 2026, 206 shares of common stock were withheld at $32.76 per share to cover tax obligations. After this, he holds 5,304 shares directly and 217 shares indirectly through an ESOP.

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Insider Craddock John Mitchell Jr.
Role Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock 206 $32.76 $7K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 5,304 shares (Direct, null); Common Stock — 217 shares (Indirect, ESOP)
Footnotes (1)
Tax-withheld shares 206 shares Common Stock withheld for tax on May 30, 2026
Tax-withholding price $32.76 per share Value used for 206 withheld shares
Direct holdings after transaction 5,304 shares Common Stock directly owned after tax withholding
Indirect ESOP holdings 217 shares Common Stock indirectly owned through ESOP after update
ESOP financial
"217 shares indirectly through an ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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SEC Form 4
FORM 4UNITED 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*
Craddock John Mitchell Jr.

(Last)(First)(Middle)
1201 S. BECKHAM AVE

(Street)
TYLER TEXAS 75701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SOUTHSIDE BANCSHARES INC [ SBSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/30/2026F206D$32.765,304D
Common Stock217IESOP
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
Lindsey Bibby Bailes, attorney in fact06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Southside Bancshares (SBSI) disclose in this Form 4 for its COO?

Southside Bancshares reported that COO John Mitchell Craddock Jr. had 206 common shares withheld to cover tax obligations. The transaction used code F, indicating a tax-withholding disposition rather than an open-market sale, and updated his direct and indirect share holdings.

How many Southside Bancshares (SBSI) shares were involved in the COO’s tax withholding?

The filing shows 206 shares of Southside Bancshares common stock were withheld. These shares were valued at $32.76 each and were used to satisfy tax obligations, rather than being sold in the open market or acquired as part of a discretionary trade.

What are John Mitchell Craddock Jr.’s Southside Bancshares (SBSI) holdings after this Form 4?

After the reported tax-withholding transaction, the COO holds 5,304 Southside Bancshares common shares directly. He also has 217 additional shares reported as indirectly owned through an ESOP, giving investors a clear view of his updated equity position in the company.

Does this Southside Bancshares (SBSI) Form 4 indicate an open-market sale by the COO?

No. The transaction is coded F, meaning it is a tax-withholding disposition. Shares were withheld by the company to cover tax liabilities, not sold on the open market, so it does not represent a discretionary sale decision by the COO.

What is the significance of code F in the Southside Bancshares (SBSI) Form 4 filing?

Code F in this Form 4 indicates shares were used to pay tax obligations on an underlying equity event. For Southside Bancshares, 206 shares were withheld at $32.76 each, showing a mechanical tax payment process rather than a voluntary buy or sell transaction.

How are ESOP shares reported for Southside Bancshares (SBSI) in this Form 4?

The filing lists 217 Southside Bancshares common shares as indirectly owned through an ESOP. These are labeled with indirect ownership and ESOP nature, distinguishing them from the COO’s 5,304 directly held shares, and clarifying how different portions of his holdings are structured.