SMITH PRESTON L 4

What Happened Preston L. Smith, a director of Southside Bancshares, received 27 shares on 2026-03-05 as an award/acquisition (code A). The shares were recorded at $0.00 each (total $0), reflecting dividend-equivalent rights credited on RSUs rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-03-05; Filing date: 2026-03-09 (filed 4 days after the transaction; Form 4s are typically due within 2 business days, so this filing appears later than the standard deadline).
• Transaction type/code: A = Award/Grant; 27 shares acquired at $0.00 (total value $0).
• Footnote: Dividend equivalent rights were received pursuant to a cash dividend on RSUs held by the reporting person; these rights are subject to the same terms and conditions as the underlying RSUs (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context This was not an open-market purchase or sale but the crediting of dividend-equivalent RSU units—a routine, non-cash corporate action that reflects dividend treatment of outstanding RSUs. Such awards are administrative and do not necessarily indicate a change in the insider’s view of the company.