Southside Bancshares (SBSI) director discloses gifted common stock holdings
Rhea-AI Filing Summary
Southside Bancshares Inc. reported an insider stock transfer by a director on a Form 4. The director made gifts of common stock, disposing of 3,236 shares on 12/09/2025 and 12,610 shares on 12/11/2025 at a reported price of $0 per share, reflecting their status as gifts. After these transactions, the director holds 34,365 shares of common stock directly. Indirect holdings include 201,952 shares held in a spousal trust, 6,795 shares in an IRA, and 5,721 shares in a spouse’s IRA.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Southside Bancshares (SBSI) report in this Form 4?
The filing reports that a director of Southside Bancshares Inc. disposed of common stock through gifts, with transactions on 12/09/2025 and 12/11/2025 coded as “G” for gifts.
How many Southside Bancshares (SBSI) shares were gifted by the director?
The director gifted 3,236 shares of common stock on 12/09/2025 and 12,610 shares on 12/11/2025, all reported as dispositions at a price of $0 per share.
How many SBSI shares does the director hold after the reported transactions?
Following the reported gifts, the director directly owns 34,365 shares of Southside Bancshares common stock.
What indirect holdings of Southside Bancshares (SBSI) stock does the director report?
The director reports indirect ownership of 201,952 shares in a spousal trust, 6,795 shares in an IRA, and 5,721 shares in a spouse’s IRA.
What does transaction code “G” mean in this Southside Bancshares Form 4?
Transaction code “G” indicates that the reported Southside Bancshares common stock transfers were gifts, not open-market purchases or sales.
What is the director’s relationship to Southside Bancshares (SBSI)?
The reporting person is identified as a director of Southside Bancshares Inc., as indicated in the relationship section of the filing.