SHAMBURGER JULIE 4

What Happened

• Julie Shamburger, CFO of Southside Bancshares (SBSI), had 521 shares disposed to satisfy tax liabilities related to equity compensation.
• Transactions: 339 shares on 2026-02-01 at $32.19 each ($10,912) and 182 shares on 2026-02-02 at $33.10 each ($6,024). Total value ≈ $16,936.
• These were dispositions to cover taxes (routine withholding), not open-market purchases — often administrative rather than a market sentiment signal.

Key Details

• Transaction dates and prices:
  • 2026-02-01: 339 shares @ $32.19 = $10,912
  • 2026-02-02: 182 shares @ $33.10 = $6,024
• Total shares disposed: 521; total proceeds (approx.): $16,936.
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Footnote: F1 — one transaction occurred on a non-business day; the reported price reflects the previous business day's closing price.
• Filing/Timeliness: Form filed 2026-02-03; no late filing flag noted in the provided data.

Context

• Transaction code F indicates tax withholding — shares withheld or disposed to satisfy tax obligations from an equity award or option exercise. This is a common, administrative action and not necessarily an indication of the insider's view on the company's stock.
• For retail investors, purchases are generally more actionable than routine withholding sales; treat this as routine compensation-related activity unless additional, atypical insider trading patterns emerge.