Southside Bancshares (SBSI) director awarded 1,246 common shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Southside Bancshares Inc. director Jeb Weldon Jones received a stock grant of 1,246 shares of Common Stock as a compensation-related award. The shares were acquired at a reported price of $0.00 per share, which typically indicates a grant rather than an open-market purchase.
After this grant, Jones directly holds 2,246 shares of Southside Bancshares common stock. The filing also shows 1,000 shares held indirectly through an IRA, which is recorded as a holding entry rather than a new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jones Jeb Weldon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,246 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,246 shares (Direct, null);
Common Stock — 1,000 shares (Indirect, IRA)
Footnotes (1)
Key Figures
Stock grant: 1,246 shares
Grant price: $0.00 per share
Direct holdings after grant: 2,246 shares
+1 more
4 metrics
Stock grant
1,246 shares
Common Stock grant coded as acquisition on 2026-05-14
Grant price
$0.00 per share
Reported transaction price for 1,246-share award
Direct holdings after grant
2,246 shares
Total direct common shares following the award
Indirect IRA holdings
1,000 shares
Common Stock held indirectly in an 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.