Anthony Sherri 4
4 · SOUTHSIDE BANCSHARES INC · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
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
Anthony Sherri
Chief Banking Officer
Transactions
- Award
Common Stock
[F1]2026-03-05+33→ 4,359 total
Holdings
- 698(indirect: ESOP)
Common Stock
[F2]
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