Calhoun Kirk A. 4
Research Summary
AI-generated summary
SOUTHSIDE BANCSHARES (SBSI) Director Kirk A. Calhoun Receives 19 Shares
What Happened Kirk A. Calhoun, a director of SOUTHSIDE BANCSHARES, received 19 shares on 2026-03-05 reported as an award/acquisition (code A). The filing shows an acquisition price of $0.00 and a reported total value of $0 for this entry; a footnote clarifies these were dividend equivalent rights credited on RSUs held by the director.
Key Details
- Transaction date: 2026-03-05; Form 4 filed: 2026-03-09.
- Transaction type: Award/Acquisition (code A).
- Shares received: 19 shares; reported price: $0.00; reported total: $0.
- Shares owned after the transaction: not specified in the supplied filing excerpt.
- Footnote: These 19 shares reflect dividend equivalent rights from a cash dividend on RSUs; the dividend equivalents are subject to the same terms and conditions as the underlying RSUs.
- Filing timeliness: filed 4 days after the transaction date per supplied data; no late-filing designation provided in the excerpt.
Context This was not an open-market purchase or sale but an issuance of dividend-equivalent shares tied to existing restricted stock units (RSUs). Such awards are typically routine compensation adjustments tied to company dividends and do not necessarily signal a director’s active buying or selling of stock.