4Accepted Sep 8, 5:09 PM ET
SBSI Director Patricia Callan Receives 14-Share Award
Accepted (ET)
5:09 PM
Sep 8, 2026
Filed
Sep 8, 2026
Documents
2
Size
8.5 KB
Summary
SBSI Director Patricia Callan Receives 14-Share Award
What Happened Patricia Ann Callan, a director of SOUTHSIDE BANCSHARES INC (SBSI), received 14 shares on 2026-09-03 as an award/acquisition. The shares were reported with an acquisition price of $0.00 (total value $0), reflecting dividend equivalent rights tied to previously granted restricted stock units (RSUs).
Key Details
- Transaction date: 2026-09-03; Filing date (Form 4 accession): 2026-09-08 (filed late relative to the 2-business-day rule for insiders).
- Transaction type: A = Award/other acquisition of 14 shares at $0.00 (dividend equivalents on RSUs).
- Reported total value: $0.00 (no cash paid for these shares).
- Shares owned after the transaction: Not specified in the filing.
- Footnote: F1 — these are dividend equivalent rights received pursuant to a cash dividend on RSUs and are subject to the same terms as the underlying RSUs.
- Remarks: Power of Attorney referenced (EX-24) is attached to the filing.
Context This was an award of shares (dividend equivalents on existing RSUs), not an open-market purchase or sale—such awards are typically administrative and do not necessarily signal the director's view on the stock. The late filing (reported five days after the transaction) is a compliance issue to note but does not by itself indicate misconduct.