Frailey Alton L. 4

What Happened

• Alton L. Frailey, a director of SOUTHSIDE BANCSHARES INC (SBSI), was credited with 126 shares on 2026-03-05. The Form 4 reports an acquisition (code A) of 126 shares at $0.00, indicating these were awarded rather than purchased or sold.

Key Details

• Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (filed within the SEC’s two-business-day window).
• Shares acquired: 126; reported price: $0.00 (reflects an award/dividend equivalent, not a cash purchase).
• Shares owned after the transaction: Not disclosed in this Form 4.
• Footnote: The 126 shares reflect dividend-equivalent rights paid in connection with RSUs held by the reporting person; these dividend equivalents are subject to the same terms and conditions as the underlying RSUs.

Context

• This is an award of dividend-equivalent shares (a non-cash compensation/credit tied to existing RSUs), not a purchase or sale. Such awards are common and generally reflect compensation mechanics rather than a direct signal of the insider’s personal buying or selling decision.