SBSI Director Susan E. Anderson Receives 14-Share Award

What Happened Susan E. Anderson, a director of Southside Bancshares, received 14 shares on 2026-09-03 as an award/other acquisition (code A). The filing reports the shares at $0 per share (total $0); the transaction reflects dividend-equivalent rights credited in connection with RSUs rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-09-03; filing date: 2026-09-08 (filed within the Form 4 reporting timeframe).
• Transaction type/code: Award/other acquisition (A).
• Amount: 14 shares acquired at $0.00 per share (total reported value $0).
• Shares owned after transaction: not specified in the filing.
• 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 (Footnote F1).
• Remarks note a Power of Attorney (EX-24) attached to the filing.

Context Dividend-equivalent credits on RSUs are a non‑cash award that increases holdings tied to existing restricted stock units; they are not the same as a cash purchase and don't by themselves indicate a change in insider sentiment. For retail investors, outright purchases by insiders typically carry more direct informational weight than dividend-equivalent awards.