Southside Bancshares director awarded 18 shares

Southside Bancshares director Lawrence Lazelle Anderson reported a small, compensation-related change in his holdings.

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Form Type

Rhea-AI Filing Summary

Southside Bancshares director Lawrence Lazelle Anderson reported a small, compensation-related change in his holdings. He acquired 18 shares of Common Stock at $0.00 per share as a grant of dividend equivalent rights on existing RSUs, so this was not an open-market purchase. After this award, he holds 5,493 shares directly and 15,929 shares indirectly through the Lawrence L Anderson Spousal Trust, indicating a routine adjustment to his equity position rather than a discretionary trade.

Insider Trade Summary

Grant/Award: 18 shares

Grant/Award 2 txns

Insider ANDERSON LAWRENCE LAZELLE

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	18	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 5,493 shares (Direct); Common Stock — 15,929 shares (Indirect, Lawrence L Anderson Spousal Trust)

Footnotes (1)

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.

Key Figures

Shares granted: 18 shares Grant price: $0.00 per share Direct holdings after: 5,493 shares +2 more

5 metrics

Shares granted 18 shares Dividend equivalent rights on RSUs, Common Stock

Grant price $0.00 per share Dividend equivalent rights on RSUs

Direct holdings after 5,493 shares Common Stock held directly after award

Indirect holdings after 15,929 shares Common Stock held via Lawrence L Anderson Spousal Trust

Acquire transactions 1 transaction Form 4 transaction summary, code A

Key Terms

dividend equivalent rights, RSUs, spousal trust, Grant, award, or other acquisition

4 terms

dividend equivalent rights financial

"Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person."

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

RSUs financial

"Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

spousal trust financial

"nature_of_ownership": "Lawrence L Anderson Spousal Trust""

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SBSI director Lawrence Lazelle Anderson report?

Lawrence Lazelle Anderson reported acquiring 18 shares of Southside Bancshares common stock. These were dividend equivalent rights tied to existing RSUs, not an open-market purchase, representing a routine compensation-related adjustment to his equity holdings.

How many Southside Bancshares (SBSI) shares does Anderson now hold directly?

Following the reported transaction, Anderson holds 5,493 Southside Bancshares common shares directly. This reflects the addition of 18 dividend equivalent shares granted at no cost, increasing his direct ownership position as part of routine equity compensation.

What is the nature of the 18 Southside Bancshares shares Anderson received?

The 18 shares are dividend equivalent rights on restricted stock units (RSUs). They were received in connection with a cash dividend, carry the same terms as the underlying RSUs, and were granted at a price of $0.00 per share as compensation.

How many SBSI shares does Anderson hold indirectly through a trust?

Anderson is reported as indirectly owning 15,929 Southside Bancshares common shares. These shares are held through the Lawrence L Anderson Spousal Trust, reflecting a separate, trust-based ownership position in addition to his direct shareholdings.

Did Anderson buy or sell Southside Bancshares shares on the open market?

The filing does not show any open-market buys or sells. It reports a grant of 18 dividend equivalent shares at $0.00 tied to existing RSUs and an indirect holding entry for trust-owned shares, indicating no discretionary market trading activity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/03/2026 - 03:28 PM EDT

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^*

ANDERSON LAWRENCE LAZELLE

(Last)

(First)

(Middle)

1201 S BECKHAM AVE

(Street)

TYLER

TEXAS

75701

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/01/2026		A		18⁽¹⁾	A	$0	5,493	D
Common Stock								15,929	I	Lawrence L Anderson Spousal Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR