SOUTHSIDE BANCSHARES INC·4

Mar 9, 3:56 PM ET

GIBSON LEE R 4

4 · SOUTHSIDE BANCSHARES INC · Filed Mar 9, 2026

Research Summary

AI-generated summary of this filing

Updated

SOUTHSIDE BANCSHARES (SBSI) Director Lee R. Gibson Receives Award

What Happened
Lee R. Gibson, a director of SOUTHSIDE BANCSHARES, was granted/acquired 82 shares on March 5, 2026. The Form 4 reports these 82 shares at $0.00 (total reported value $0), reflecting dividend-equivalent rights tied to restricted stock units (RSUs), not an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-03-05; Filing date: 2026-03-09 (Form 4).
  • Transaction type: A (Grant/award or other acquisition). Price reported: $0.00; total value $0.
  • Shares acquired: 82. Shares owned after the transaction: not specified in the filing.
  • Footnotes included in the filing:
    • F1: These 82 shares reflect dividend-equivalent rights on RSUs; they follow the same terms as the underlying RSUs.
    • F2: Filing also notes annual ESOP contribution, forfeiture allocation and quarterly dividend reinvestment are included in other totals.
    • F3: Includes shares acquired under the Company’s Dividend Reinvestment Program.
  • No indication this filing was late; transaction appears to be a routine comp/benefit-related award.

Context
Dividend-equivalent awards on RSUs are compensation-related transfers and are different from purchases or sales; they don't necessarily reflect the director’s personal buying or selling sentiment. Because the reported price is $0.00, this entry documents the issuance of shares tied to existing RSUs rather than a cash transaction.

Insider Transaction Report

Form 4
Period: 2026-03-05
GIBSON LEE R
Director
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-05+8254,384 total
Holdings
  • Common Stock

    [F2]
    (indirect: by ESOP)
    31,904
  • Common Stock

    [F3]
    (indirect: By Trust)
    8,665
Footnotes (3)
  • [F1]Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person. Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs.
  • [F2]Amount includes shares received in connection with the Company's annual ESOP contribution, forfeiture allocation and quarterly dividend reinvestment.
  • [F3]Includes shares acquired under the Company's Dividend Reinvestment Program.
Signature
Lindsey Bibby Bailes, attorney in fact|2026-03-09

Documents

1 file
  • 4
    wk-form4_1773086174.xmlPrimary

    FORM 4