ANDERSON SUSAN ELAINE 4

What Happened
Susan E. Anderson, a director of Southside Bancshares, received an award of 16 shares on March 5, 2026. The shares were recorded at $0.00 per share (total value $0) and were reported on a Form 4 filed March 9, 2026. This was an award (not a market purchase or sale) reflecting dividend-equivalent rights tied to RSUs.

Key Details

• Transaction date: 2026-03-05; reported on Form 4 filed 2026-03-09.
• Transaction type/code: A (grant/award or other acquisition).
• Shares acquired: 16 shares at $0.00 per share (total $0).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: These 16 shares reflect dividend-equivalent rights from a cash dividend on RSUs held by the reporting person; dividend equivalents are subject to the same terms and conditions as the underlying RSUs (see footnote F1).
• No 10b5-1 plan, tax-withholding, or late-filing flag was indicated in the provided data.

Context
Dividend-equivalent awards on RSUs are routine corporate compensation adjustments and do not represent an open-market purchase (which some investors view as a bullish signal) or a sale. Because these shares derive from RSU dividend equivalents, they generally remain subject to the RSU terms (vesting/transfer restrictions) and should be interpreted as compensation-related rather than a trade expressing the insider’s view of the company.