Anthony Sherri 4

What Happened

• Anthony Sherri, Chief Banking Officer of Southside Bancshares, had 128 shares disposed (withheld) to cover a tax or exercise-related liability. The shares were reported at $33.63 each, for a total value of $4,305. This transaction is a withholding to satisfy tax obligations, not an open-market sale.

Key Details

• Transaction date: 2026-06-20; Filing date: 2026-06-22 (appears timely).
• Price per share: $33.63; Shares withheld/disposed: 128; Total value: $4,305.
• Transaction code: F — payment of exercise price or tax liability by delivering or withholding securities (commonly used for tax-withholding on option exercises or restricted stock vesting).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Filed two days after the transaction date, which is within the usual Form 4 reporting window.

Context

• This appears to be a tax-withholding event (shares retained/issued to cover taxes) rather than a discretionary sale on the open market. Such withholdings are routine following option exercises or vesting and do not necessarily indicate the insider’s view on the company’s stock.