DAVIS SUNI M 4

What Happened
Suni M. Davis, Chief Treasury Officer of Southside Bancshares, received 41 shares on June 1, 2026. The transaction is reported as an award/acquisition (code A) of 41 shares at an acquisition price of $0.00, reflecting dividend-equivalent rights tied to RSUs rather than a cash purchase or market sale.

Key Details

• Transaction date: 2026-06-01; filing date (Form 4): 2026-06-03.
• Transaction type/code: Award/Acquisition (A).
• Shares acquired: 41 shares at $0.00 per share; total reported acquisition value: $0.
• Footnote F1: These were dividend-equivalent rights received pursuant to a cash dividend on RSUs and are subject to the same terms as the underlying RSUs.
• Other footnotes in the filing (F2, F3) reference the company’s dividend reinvestment program and payroll purchases; they are general filing notes.
• Shares owned after the transaction are not specified in the provided excerpt.

Context
This is a non-cash receipt of dividend-equivalent shares tied to existing restricted stock units (RSUs). Such awards are routine corporate compensation/dividend mechanics and do not represent an open-market purchase or sale by the insider. They are generally taxable events for the recipient but should not be read as a direct buy/sell signal about the company's stock.