SOUTHSIDE BANCSHARES INC·4

Mar 9, 4:13 PM ET

Arnold T L Jr 4

4 · SOUTHSIDE BANCSHARES INC · Filed Mar 9, 2026

Research Summary

AI-generated summary of this filing

Updated

SBSI CCO Arnold T.L. Jr Receives 55-Share Award

What Happened
Arnold T. L., Jr., Chief Credit Officer of Southside Bancshares, was reported to have acquired 55 shares on 2026-03-05 as an award (transaction code A). The Form 4 lists the acquisition price as $0.00, reflecting dividend-equivalent rights tied to restricted stock units rather than a market purchase.

Key Details

  • Transaction date: 2026-03-05; filing date: 2026-03-09 (filed within the required two business days).
  • Transaction type/code: Award/other acquisition (A). Price reported: $0.00 for 55 shares.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnote F1: These 55 shares reflect dividend equivalent rights received pursuant to a cash dividend on RSUs; they are subject to the same terms and conditions as the underlying RSUs.
  • Footnote F2: Describes ESOP contribution/forfeiture allocation and dividend reinvestment (appears to relate to aggregate ownership reporting).

Context
Dividend-equivalent awards on RSUs are a routine form of compensation and are recorded as acquisitions at no cash cost to the insider; they are not the same as an open-market purchase and do not necessarily indicate a change in insider sentiment. The filing was timely.

Insider Transaction Report

Form 4
Period: 2026-03-05
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-05+5521,511 total
Holdings
  • Common Stock

    [F2]
    (indirect: ESOP)
    1,928
Footnotes (2)
  • [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.
Signature
Lindsey Bibby Bailes, attorney in fact|2026-03-09

Documents

1 file
  • 4
    wk-form4_1773087192.xmlPrimary

    FORM 4