Dacus Shannon 4

What Happened
Dacus Shannon, a director of Southside Bancshares, received an award/acquisition of 1,246 common shares on May 14, 2026. The reported acquisition price is $0.00, so the transaction shows a grant of shares rather than an open‑market purchase.

Key Details

• Transaction date: 2026-05-14 (reported on Form 4 filed 2026-05-18).
• Transaction type/code: A — Grant, award or other acquisition.
• Shares acquired: 1,246 shares; price per share: $0.00; total reported cash value: $0.
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Form 4 was filed on 2026-05-18, within the standard two‑business‑day reporting window.
• No footnotes in the provided summary indicating a 10b5-1 plan, tax withholding, or immediate sale.

Context
An "A" code with a $0 acquisition price typically indicates a grant or award (for example, compensation, restricted stock, or plan distribution) rather than a purchase or sale. The filing does not detail vesting, restrictions, or whether the shares were awarded as compensation, so this should be viewed as a non‑market transaction that doesn't necessarily signal the director buying stock on the open market.