CALLAN PATRICIA ANN 4

What Happened Patricia Ann Callan, a director of Southside Bancshares, Inc. (SBSI), was granted 16 shares on 2026-03-05 reported as an award/acquisition (transaction code A). The filing shows an acquisition price of $0.00 and a total reported value of $0 — these shares were issued as dividend-equivalent rights tied to previously granted RSUs, not purchased with cash.

Key Details

• Transaction date: 2026-03-05; Filing date: 2026-03-09 (filing appears timely, within the SEC two-business-day requirement).
• Shares acquired: 16; Reported acquisition price: $0.00; Reported total value: $0.
• Transaction code: A (award/acquisition).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The 16 shares reflect dividend equivalent rights from a cash dividend on RSUs; these dividend equivalents are subject to the same terms and conditions as the underlying RSUs.

Context Dividend-equivalent awards on RSUs are compensation-related and are typically routine; they represent additional shares issued instead of cash dividends on unvested RSUs. The small size (16 shares) suggests a modest, routine grant rather than a material insider purchase or sale.