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Vanguard (NYSE: SBSI) amendment lists 0% ownership after internal realignment

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

The Vanguard Group filed Amendment No. 7 to a Schedule 13G/A reporting 0% beneficial ownership of Southside Bancshares Inc Common Stock. The amendment states that, following an internal realignment on January 12, 2026, certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538. The filing lists Amount beneficially owned: 0 and is signed by Ashley Grim, Head of Global Fund Administration, on 03/27/2026.

Positive

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Negative

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Insights

Amendment shows zero reported ownership after Vanguard's internal reorganization.

The amendment explicitly lists Amount beneficially owned: 0 and Percent of class: 0%, reflecting the disaggregation of holdings among Vanguard entities pursuant to SEC Release No. 34-39538. This is a reporting change, not an economic disposition described in the excerpt.

Implications depend on subsequent filings by the disaggregated subsidiaries; subsequent Schedules will show where holdings are now reported and quantify any institutional positions.

Filing follows the SEC disaggregation framework after an internal reorganization.

The text states the change was effected by internal realignment on January 12, 2026 and relies on the cited SEC release to permit separate reporting by subsidiaries or business divisions. The amendment clarifies that The Vanguard Group, Inc. "no longer has, or is deemed to have, beneficial ownership" of securities held by those entities.

Watch for additional 13G/A or 13D/G filings from the named Vanguard entities that will disclose any actual share amounts and voting/dispositive powers.






84470P109

(CUSIP Number)
03/13/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/27/2026

FAQ

What does Vanguard report for SBSI in this Schedule 13G/A amendment?

The amendment reports Amount beneficially owned: 0 and Percent of class: 0%. It states holdings are reported separately by subsidiaries after an internal realignment on January 12, 2026 pursuant to SEC guidance.

Why does The Vanguard Group list zero ownership for SBSI?

Vanguard explains an internal realignment on January 12, 2026 that disaggregated reporting among subsidiaries. Under SEC Release No. 34-39538, those subsidiaries report beneficial ownership separately, so The Vanguard Group lists zero here.

Does this filing indicate Vanguard sold Southside Bancshares (SBSI) shares?

No. The filing attributes the change to reporting disaggregation after internal realignment, not an economic sale. It states Vanguard "no longer has, or is deemed to have, beneficial ownership" over securities reported separately by subsidiaries.

Who signed the Schedule 13G/A amendment for Vanguard and when?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, with signature dated 03/27/2026. The filing includes Vanguard's Malvern, PA address.

Will Vanguard still hold SBSI shares under other entity filings?

Yes. The amendment indicates certain Vanguard subsidiaries will report holdings on a disaggregated basis. Additional Schedule 13G/A or related filings by those subsidiaries are expected to show any reported share amounts.
Southside Bancshares Inc

NYSE:SBSI

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