ANDERSON SUSAN ELAINE 4
4 · SOUTHSIDE BANCSHARES INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
SBSI Director Susan E. Anderson Receives 14-Share Award
What Happened
Susan E. Anderson, a director of Southside Bancshares, Inc. (SBSI), was credited with 14 shares on 2026-06-01 as an award/acquisition. The filing reports an acquisition price of $0.00 and total reported value of $0 — these shares reflect dividend-equivalent rights tied to RSUs rather than a cash purchase.
Key Details
- Transaction date: 2026-06-01; Transaction type/code: Award/Acquisition (A).
- Shares acquired: 14; Price reported: $0.00; Total reported value: $0.
- Footnote: These are dividend-equivalent rights received pursuant to a cash dividend on RSUs; they are subject to the same terms and conditions as the underlying RSUs.
- Filing date: 2026-06-03 — appears timely (within the typical 2-business-day Form 4 window).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
Dividend-equivalent rights are commonly credited on outstanding restricted stock units (RSUs) and convert into additional RSUs or the equivalent value under the same vesting rules; they are not an out-of-pocket purchase by the insider. This is generally a routine corporate action and, given the small share count and $0 reported value, is unlikely by itself to indicate a material change in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-01+14→ 12,762 total
- 681(indirect: By IRA)
Common Stock
- 23,143(indirect: By IRA)
Common Stock
Footnotes (1)
- [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.