SOUTHSIDE BANCSHARES INC·4

Jun 3, 3:28 PM ET

Arnold T L Jr 4

Research Summary

AI-generated summary

Updated

Southside Bancshares (SBSI) CCO Arnold T L Jr Receives 53 Shares

What Happened

  • Arnold T L Jr, Chief Credit Officer of Southside Bancshares, reported receiving 53 shares on June 1, 2026. The shares were recorded as an award/acquisition at $0.00 per share (total reported value $0).
  • This was not an open‑market purchase or sale but issuance tied to equity compensation/dividend equivalents rather than a cash transaction.

Key Details

  • Transaction date: 2026-06-01; filing date: 2026-06-03.
  • Transaction type: A (grant, award or other acquisition); 53 shares acquired at $0.00.
  • Shares owned after transaction: Not specified in the supplied summary.
  • Footnotes: F1 indicates these were dividend equivalent rights from a cash dividend on RSUs and are subject to the same terms as the underlying restricted stock units. F2 notes inclusion of shares acquired under the company’s Dividend Reinvestment Program (DRIP).

Context

  • These shares reflect dividend equivalents/DRIP activity tied to existing equity awards (RSUs), which is a routine issuance and not an independent purchase that signals new bullish conviction.
  • No indication in the filing of option exercises, sales, gifts, or a 10b5-1 plan; the transaction appears administrative/compensation-related.