SOUTHSIDE BANCSHARES INC·4

Mar 9, 4:13 PM ET

Anthony Sherri 4

4 · SOUTHSIDE BANCSHARES INC · Filed Mar 9, 2026

Research Summary

AI-generated summary of this filing

Updated

Southside Bancshares (SBSI) Chief Banking Officer Receives 33 Shares

What Happened

  • Anthony Sherri, Chief Banking Officer of Southside Bancshares, received 33 shares on March 5, 2026. The shares were reported as an award/acquisition (code A) at $0.00 per share (total cash price $0).
  • The filing indicates these shares reflect dividend-equivalent rights tied to RSUs and other routine equity plan credits rather than an open-market purchase.

Key Details

  • Transaction date: 2026-03-05; Filing date: 2026-03-09 (timely under Form 4 rules).
  • Transaction type/code: Award/Acquisition (A).
  • Price per share: $0.00; Total cash paid: $0.
  • Shares received: 33 shares.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes: F1 — shares reflect dividend-equivalent rights on RSUs subject to the same terms as the underlying RSUs. F2 — amount may include ESOP contribution, forfeiture allocation, and dividend reinvestment.
  • No indication of a 10b5-1 plan, sale, gift, or tax-withholding event in this transaction.

Context

  • These shares were issued as dividend-equivalent payments and/or routine plan credits (ESOP/dividend reinvestment), which are common corporate compensation mechanics and do not necessarily signal a buy/sell decision by the insider.
  • Because the acquisition was at $0 (non-cash award), it differs from an open-market purchase that might be interpreted as a stronger bullish signal.

Insider Transaction Report

Form 4
Period: 2026-03-05
Anthony Sherri
Chief Banking Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-05+334,359 total
Holdings
  • Common Stock

    [F2]
    (indirect: ESOP)
    698
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_1773087215.xmlPrimary

    FORM 4