Donahoe Keith 4

What Happened

• Keith Donahoe, President, CEO and Director of Southside Bancshares, had 331 shares withheld to satisfy a tax obligation related to an equity award or option exercise. The shares were valued at $33.55 each, totaling about $11,105. This was a tax-withholding disposal (Form 4 code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-06
• Price and amount: 331 shares withheld/disposed at $33.55 per share = $11,105
• Filing date: 2026-02-10 — appears timely (filed within required reporting window)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote/transaction code: Code F indicates shares were surrendered or withheld to pay taxes or exercise price

Context

• This type of withholding is routine when executives exercise options or when restricted stock units vest; shares are surrendered to cover tax obligations rather than sold on the open market. Such transactions are administrative and don’t necessarily signal the insider’s view of the company’s stock. Purchases or open-market sales generally provide stronger signals about insider sentiment.