GIBSON LEE R 4
4 · SOUTHSIDE BANCSHARES INC · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Southside Bancshares (SBSI) Director Lee R. Gibson Sells 556 Shares
What Happened
- Lee R. Gibson, a director of Southside Bancshares Inc. (SBSI), disposed of 556 shares on Feb 6, 2026. The transaction is reported as payment of exercise price or tax liability (code F), with a reported price of $33.55 per share for a total of $18,654. This was a shares‑withheld disposition to satisfy tax obligations—not an open‑market sale.
Key Details
- Transaction date: 2026-02-06; Filing date: 2026-02-10.
- Price per share: $33.55; Total value: $18,654 (556 shares).
- Transaction code: F — payment of exercise price or tax liability (shares withheld/used to cover taxes).
- Shares owned after the transaction: not specified here; see the Form 4 for the insider’s post-transaction holdings.
- No 10b5-1 plan or late‑filing flag noted in the summary provided; check the full filing for any footnotes or timeliness annotations.
Context
- Code F typically indicates routine tax withholding following an option exercise or vesting of restricted stock; it generally does not reflect a directional view of the company. For retail investors, tax‑withholding dispositions are common and usually administrative rather than a signal of insider sentiment.
Insider Transaction Report
Form 4
GIBSON LEE R
Director
Transactions
- Tax Payment
Common Stock
2026-02-06$33.55/sh−556$18,654→ 54,302 total
Holdings
- 31,329(indirect: by ESOP)
Common Stock
- 8,567(indirect: By Trust)
Common Stock
Signature
Lindsey Bibby Bailes, attorney in fact|2026-02-10