Donahoe Keith 4

What Happened

• Keith Donahoe, President, CEO and Director of Southside Bancshares, reported an acquisition (award) of 157 shares on March 5, 2026. The shares were issued at $0.00 (value shown as $0), representing dividend equivalent rights on restricted stock units (RSUs) and related ESOP/dividend reinvestment allocations.

Key Details

• Transaction date and price: 2026-03-05; 157 shares @ $0.00.
• Filing date: 2026-03-09 — appears timely (Form 4 is generally due within two business days of the transaction).
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnotes:
  • F1: These shares reflect dividend equivalent rights received on RSUs and are subject to the same terms as the underlying RSUs.
  • F2: Amount includes shares from the company’s annual ESOP contribution, forfeiture allocation, and quarterly dividend reinvestment.

Context

• This was an award/issuance (not an open‑market purchase or sale) and therefore typically reflects routine compensation or plan mechanics rather than a direct buy/sell signal. Dividend equivalents on RSUs and ESOP contributions are common ways companies distribute value to executives.