SOUTHSIDE BANCSHARES INC·4

Jun 3, 3:28 PM ET

ANDERSON SUSAN ELAINE 4

Research Summary

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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.