GIBSON LEE R 4
4 · SOUTHSIDE BANCSHARES INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
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
GIBSON LEE R
Director
Transactions
- Award
Common Stock
[F1]2026-06-01+93→ 58,812 total
Holdings
- 40,567(indirect: By IRA)
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]Reflects shares transferred from ESOP and 401K since last form filing.
Signature
Lindsey Bibby Bailes, attorney in fact|2026-06-03