Southside Bancshares (SBSI) COO reports 206-share tax withholding at $32.76
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
Key Figures
Tax-withheld shares: 206 shares
Tax-withholding price: $32.76 per share
Direct holdings after transaction: 5,304 shares
+1 more
4 metrics
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
Key Terms
ESOP, tax-withholding disposition, Common Stock
3 terms
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.