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SOUTHSIDE BANCSHARES INC·4

Jun 3, 3:38 PM ET

CALLAN PATRICIA ANN 4

Research Summary

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SOUTHSIDE (SBSI) Director Patricia Callan Receives 14-Share Award

What Happened Patricia Ann Callan, a director of SOUTHSIDE BANCSHARES INC (SBSI), was credited with 14 shares on June 1, 2026 as an award/grant. The filing shows an acquisition at $0.00 per share (total reported value $0), reflecting dividend-equivalent rights tied to RSUs rather than a cash purchase.

Key Details

  • Transaction date: 2026-06-01; Filing date: 2026-06-03 (filed timely).
  • Transaction type/code: Award/Grant (A).
  • Shares acquired: 14 at $0.00 per share; total reported value $0.
  • Shares owned after the transaction: not disclosed in the Form 4 provided.
  • Footnote: F1 — these are dividend-equivalent rights received on RSUs; they are subject to the same terms and conditions as the underlying RSUs.

Context Dividend-equivalent rights convert cash dividends on outstanding RSUs into additional awards (here, 14 shares) and are typically part of director compensation. This is an award, not an open-market purchase or sale, so it should be viewed as compensation-related rather than a direct insider buy/sell signal.