STOCK TITAN

Southside Bancshares (SBSI) director reports 25-share Form 4 acquisition

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

Rhea-AI Filing Summary

Southside Bancshares, Inc. insider transaction: A director of Southside Bancshares, Inc. (SBSI) reported acquiring 25 shares of common stock on 12/04/2025. The transaction was coded as an acquisition at a price of $0, reflecting dividend equivalent rights granted on restricted stock units (RSUs). These dividend equivalent rights arise when the company pays a cash dividend and are subject to the same terms and conditions as the underlying RSUs.

Following this transaction, the reporting person beneficially owns 82,876 Southside Bancshares common shares directly and 16,179 shares indirectly through Bosworth & Associates Inc. The form is filed for a single reporting person in the capacity of a director.

Positive

  • None.

Negative

  • None.
Insider BOSWORTH MICHAEL J
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 25 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 82,876 shares (Direct); Common Stock — 16,179 shares (Indirect, Bosworth & Associates Inc)
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*
BOSWORTH MICHAEL J

(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)
12/04/2025
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 12/04/2025 A 25(1) A $0 82,876 D
Common Stock 16,179 I Bosworth & Associates Inc
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 12/08/2025
** 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 insider transaction did Southside Bancshares (SBSI) report in this Form 4?

The filing reports that a director of Southside Bancshares, Inc. acquired 25 shares of common stock on 12/04/2025 at a price of $0.

Why did the Southside Bancshares (SBSI) director receive 25 additional shares?

The 25 shares reflect dividend equivalent rights received due to a cash dividend on RSUs held by the director, and they are subject to the same terms as the underlying RSUs.

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

After the reported transaction, the director beneficially owns 82,876 shares of Southside Bancshares common stock directly and 16,179 shares indirectly through Bosworth & Associates Inc.

What is the relationship of the reporting person to Southside Bancshares (SBSI)?

The reporting person is identified as a Director of Southside Bancshares, Inc. and is filing the Form 4 as a single reporting person.

Were the 25 Southside Bancshares (SBSI) shares purchased on the open market?

No. The 25 shares were acquired at a price of $0 as dividend equivalent rights tied to existing RSUs, rather than through a market purchase.

Does this Southside Bancshares (SBSI) Form 4 involve any derivative securities?

The table for derivative securities is included but contains no specific derivative transactions. The explanation clarifies only the dividend equivalent rights related to existing RSUs.