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).