Jones Jeb Weldon 4
4 · SOUTHSIDE BANCSHARES INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
SOUTHSIDE BANCSHARES (SBSI) Director Jones Jeb Weldon Receives 14-Share Award
What Happened
- Jones Jeb Weldon, a director of SOUTHSIDE BANCSHARES INC (SBSI), acquired 14 shares on 2026-06-01 as an award (transaction code A). The shares were recorded at $0.00 each (no cash purchase). This filing reflects dividend equivalent rights paid on restricted stock units (RSUs), not an open-market buy.
Key Details
- Transaction date and price: 2026-06-01 — 14 shares @ $0.00 (acquisition/award).
- Filing date: Form 4 filed 2026-06-03 (appears timely for a 2026-06-01 transaction).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: Dividend equivalent rights received pursuant to a cash dividend on RSUs; these rights are subject to the same terms and conditions as the underlying RSUs (see footnote F1).
- Nature of transaction: Non-cash award (dividend-equivalent payment on RSUs), not a market purchase or sale.
Context
- Dividend-equivalent awards on RSUs are routine compensation events and do not necessarily signal a change in insider sentiment. They differ from purchases (which may be viewed as bullish) or sales (which may realize gains or raise liquidity).
Insider Transaction Report
Form 4
Jones Jeb Weldon
Director
Transactions
- Award
Common Stock
[F1]2026-06-01+14→ 2,260 total
Holdings
- 1,000(indirect: By IRA)
Common Stock
Footnotes (1)
- [F1]Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person. Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs.
Signature
Lindsey Bibby Bailes, attorney in fact|2026-06-03