DAVIS SUNI M 4

What Happened

• Suni M. Davis, Chief Treasury Officer of SOUTHSIDE BANCSHARES, INC. (SBSI), was credited with 42 shares as an award/acquisition (transaction code A) on March 5, 2026. The reported price per share is $0.00, reflecting dividend-equivalent rights rather than a cash purchase; total cash consideration reported is $0.
• This receipt is compensation-related (dividend equivalents on restricted stock units) and is not a market purchase or sale.

Key Details

• Transaction date: 2026-03-05; Filing date (Form 4): 2026-03-09 (filed within the required period).
• Transaction type: Award/Grant (code A); 42 shares @ $0.00; total $0.
• Shares owned after transaction: not specified in the excerpted data.
• Relevant footnotes from the filing:
  • F1: These 42 shares reflect dividend-equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person; dividend equivalents follow the same terms as the underlying RSUs.
  • F2/F3: Other filing notes describe shares acquired via the company’s dividend reinvestment program, payroll contributions, and ESOP allocations (context for other holdings).
• No indication of a 10b5-1 plan, cashless exercise, gift, or tax-withholding sale related to this transaction.

Context

• Dividend-equivalent awards on RSUs are routine compensation/administrative events and do not represent an open-market purchase or sale; they typically do not by themselves signal insider sentiment about the stock.
• Because the report was filed within the required window, there are no timeliness issues noted.