Garrett John Robert 4

What Happened
Garrett John Robert, Chairman of the Board and director of Southside Bancshares Inc. (SBSI), was credited with 14 shares on 2026-06-01 via an award/acquisition (code A). The shares were recorded at $0.00 per share (total value $0) and reflect dividend equivalent rights tied to RSUs held by the reporting person.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (filed within the normal two-business-day window).
• Transaction type/code: Award/Acquisition (A) — 14 shares @ $0.00, total $0.
• Amount owned following reported transaction: Not specified in the Form 4.
• Footnote: Dividend equivalent rights were received pursuant to a cash dividend on RSUs and are subject to the same terms and conditions as the underlying RSUs (per F1).
• The filing does not indicate a 10b5-1 plan, tax-withholding share forfeiture, or a sale; this was not an open-market purchase or sale.

Context
Dividend equivalents on RSUs are non-cash awards that credit the holder with additional shares (or cash) tied to dividends paid on the company’s stock and typically remain subject to the RSU plan terms (e.g., vesting). Such awards are routine compensation adjustments and are different from an insider buying or selling shares in the open market.