SOUTHSIDE (SBSI) Chairman Garrett John Robert Receives 14-Share Award

What Happened Garrett John Robert, Chairman of the Board of Southside Bancshares, received an award of 14 shares on 2026-09-03. The Form 4 reports the shares at $0.00 per share (total $0) as an "A" (award/grant/other acquisition) transaction. The filing notes these shares reflect dividend equivalent rights tied to RSUs the reporting person holds.

Key Details

• Transaction date: 2026-09-03; Form 4 filed: 2026-09-08 (filed on time).
• Transaction type/code: Award/grant/other acquisition (A).
• Shares acquired: 14; reported price: $0.00; reported value: $0.
• Footnote: Dividend equivalent rights received pursuant to a cash dividend on RSUs; these rights are subject to the same terms as the underlying RSUs (F1).
• Remarks: Power of Attorney referenced (EX-24) on the filing.
• Shares owned after transaction: Not specified in the provided data.

Context This was an award of dividend equivalents tied to existing restricted stock units, not an open-market purchase or sale, so it reflects a corporate dividend distribution mechanism rather than a personal buy/sell decision. Dividend-equivalent awards are common and do not by themselves indicate insider sentiment about the stock.