Martinez Anne 4

What Happened Anne Martinez, Chief Risk Officer of Southside Bancshares, received an award of 49 shares on 2026-06-01 reported as an acquisition (A) at $0.00 per share (total reported value $0). The filing indicates these were dividend-equivalent rights credited on restricted stock units (RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-01; filing date: 2026-06-03 (appears timely under Form 4 rules).
• Transaction type: Award/acquisition (code A); 49 shares acquired at $0.00 each (total $0).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote F1: These 49 shares reflect dividend-equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person; the dividend equivalents are subject to the same terms and conditions as the underlying RSUs.
• Other footnotes (F2, F3) appear on the filing but relate to DRIP and payroll acquisitions noted elsewhere in the report.

Context Dividend-equivalent credits on RSUs are a non-cash issuance tied to dividends on underlying awards and do not necessarily indicate a buy or sell signal. Such awards are typically procedural and reflect compensation/plan mechanics rather than a change in insider sentiment.