Director at Southside Bancshares (SBSI) reports 1,246-share stock grant and updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Southside Bancshares director Patricia Ann Callan reported an acquisition of company stock through a compensation-related grant. She received 1,246 shares of Common Stock on May 14, 2026 at a reported price of $0.0000 per share, reflecting a grant or award rather than an open-market purchase. Following this transaction, she directly holds 7,136 shares of Southside Bancshares common stock. In addition, she indirectly holds 5,039 shares through an IRA account.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CALLAN PATRICIA ANN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,246 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,136 shares (Direct, null);
Common Stock — 5,039 shares (Indirect, IRA)
Footnotes (1)
Key Figures
Shares granted: 1,246 shares
Grant price: $0.0000 per share
Direct holdings after grant: 7,136 shares
+1 more
4 metrics
Shares granted
1,246 shares
Common Stock grant on May 14, 2026
Grant price
$0.0000 per share
Reported price for 1,246-share award
Direct holdings after grant
7,136 shares
Common Stock directly held following transaction
Indirect IRA holdings
5,039 shares
Common Stock held indirectly via IRA
Key Terms
Grant, award, or other acquisition, Common Stock, IRA
3 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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.
IRA financial
""nature_of_ownership": "IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What is the significance of the $0.0000 price in the SBSI insider grant to Patricia Ann Callan?
The $0.0000 per share figure indicates the shares were granted without a cash purchase price. In Form 4 filings, this typically reflects stock received as compensation or an award, rather than shares bought on the open market at a prevailing trading price.