SOUTHSIDE BANCSHARES INC·4

Jun 3, 3:56 PM ET

GIBSON LEE R 4

4 · SOUTHSIDE BANCSHARES INC · Filed Jun 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Southside Bancshares (SBSI) Director Lee R. Gibson Receives 93-Share Award

What Happened Lee R. Gibson, a director of Southside Bancshares, received 93 shares on 2026-06-01 as an award/other acquisition. The filing reports an acquisition price of $0.00, indicating these shares were credited as dividend-equivalent rights tied to restricted stock units (RSUs), not a cash purchase.

Key Details

  • Transaction date: 2026-06-01; Report filed: 2026-06-03 (filed two days after the transaction).
  • Shares received: 93; reported acquisition price: $0.00 (dividend-equivalent credit).
  • Shares owned after transaction: not disclosed in this Form 4.
  • Footnotes: F1 — these 93 shares reflect dividend-equivalent rights paid on RSUs and are subject to the same terms as the underlying RSUs. F2 — notes shares transferred from ESOP and 401(k) since the last filing.
  • Filing timeliness: filed two days after the transaction; appears to meet typical Form 4 timing requirements.

Context This was a non-cash dividend-equivalent award tied to existing RSUs rather than an open-market buy or a sale. Such credits are routine corporate compensation actions and should not be read as an explicit buy/sell signal by the insider.

Insider Transaction Report

Form 4
Period: 2026-06-01
GIBSON LEE R
Director
Transactions
  • Award

    Common Stock

    [F1]
    2026-06-01+9358,812 total
Holdings
  • Common Stock

    [F2]
    (indirect: By IRA)
    40,567
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]Reflects shares transferred from ESOP and 401K since last form filing.
Signature
Lindsey Bibby Bailes, attorney in fact|2026-06-03

Documents

1 file
  • 4
    wk-form4_1780516565.xmlPrimary

    FORM 4