STOCK TITAN

Southside Bancshares (SBSI) director updates holdings after 16-share RSU dividend credit

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

Rhea-AI Filing Summary

Southside Bancshares Inc. director reported a small change in holdings of the company’s common stock. On 12/04/2025, the insider acquired 16 shares of common stock at $0, described as dividend equivalent rights tied to previously granted restricted stock units (RSUs). After this transaction, the reporting person holds 50,211 shares directly.

In addition to the direct holdings, the insider reports indirect ownership of 201,952 shares through a spousal trust, 6,795 shares through an IRA, and 5,721 shares through a spouse’s IRA. The filing notes that the dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs.

Positive

  • None.

Negative

  • None.
Insider SHANDS HILLIARD J
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 16 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 50,211 shares (Direct); Common Stock — 201,952 shares (Indirect, Spousal Trust)
Footnotes (1)
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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*
SHANDS HILLIARD 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 16(1) A $0 50,211 D
Common Stock 201,952 I Spousal Trust
Common Stock 6,795 I IRA
Common Stock 5,721 I Spouse - IRA
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 on this Form 4?

The filing shows a director of Southside Bancshares Inc. acquired 16 shares of common stock on 12/04/2025 at $0, representing dividend equivalent rights on existing RSUs.

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

Following the reported transaction, the insider directly owns 50,211 shares of Southside Bancshares Inc. common stock.

What indirect Southside Bancshares (SBSI) holdings does the reporting person disclose?

The reporting person lists indirect ownership of 201,952 shares through a spousal trust, 6,795 shares through an IRA, and 5,721 shares through a spouse’s IRA.

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

The filing explains that the 16 acquired shares reflect dividend equivalent rights received in connection with a cash dividend on RSUs, and these rights are subject to the same terms and conditions as the underlying RSUs.

Is the reporting person a director or officer of Southside Bancshares (SBSI)?

The filing identifies the reporting person as a Director of Southside Bancshares Inc.; no officer title is indicated.

Is this Southside Bancshares (SBSI) Form 4 filed by one or multiple reporting persons?

The document states that the Form 4 is filed by one reporting person, not a group filing.