DAVIS SUNI M 4

What Happened
Suni M. Davis, Chief Treasury Officer of SOUTHSIDE BANCSHARES INC (SBSI), surrendered 175 shares on Feb 6, 2026 to satisfy a tax liability or payment related to an equity award/exercise. The shares were recorded at $33.55 each, totaling $5,871. This transaction is a routine tax-withholding disposition, not an open-market sale signaling a change in investment stance.

Key Details

• Transaction date: 2026-02-06; Price per share: $33.55; Total value: $5,871.
• Transaction code: F (payment of exercise price or tax liability — shares withheld/surrendered).
• Disposition type in filing: 175 shares disposed (withheld).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Reported on 2026-02-10 — filed within the standard 2-business-day Form 4 window (timely).

Context
Code F entries typically reflect shares withheld or surrendered to cover tax withholding or the exercise price after an option exercise or award vesting. This is a common, administrative transaction and does not necessarily indicate a market-facing sale or a change in the insider's view of the company. Purchases or open-market sales are generally more informative about insider sentiment than routine tax-withholding actions.