SBSI COO granted 63 dividend-equivalent shares
Southside Bancshares Inc. Chief Operating Officer John Mitchell Craddock Jr. reported an automatic share acquisition related to existing equity awards.
Rhea-AI Filing Summary
Southside Bancshares Inc. Chief Operating Officer John Mitchell Craddock Jr. reported an automatic share acquisition related to existing equity awards. On March 5, 2026, he received 63 shares of common stock as dividend equivalent rights on restricted stock units, with no cash price per share.
Following this grant, his directly held common stock increased to 5,510 shares. He also indirectly holds 217 common shares through an ESOP account, reflecting annual contributions, forfeiture allocations, and dividend reinvestment. The filing shows award-related share accruals rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 63 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. Amount includes shares received in connection with the Company's annual ESOP contribution, forfeiture allocation and quarterly dividend reinvestment.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SBSI COO John Mitchell Craddock Jr. report on this Form 4?
What indirect SBSI holdings does the COO report in this Form 4?
What does the transaction code on the SBSI Form 4 indicate about the COO’s award?
AI-generated analysis. How Rhea-AI works. Not financial advice.