Form 4: CAO April Pinkley Disposes SBSI Shares
Statement of Changes in Beneficial Ownership
Southside Bancshares Inc. Chief Administrative Officer April Pinkley reported the disposition of 79 common shares at $28.09 each, primarily for tax obligations, under a Rule 10b5-1 plan.
Summary
- April Pinkley, Chief Administrative Officer (CAO) of Southside Bancshares Inc. (SBSI), reported a transaction involving company common stock.
- On November 17, 2025, Pinkley disposed of 79 shares of Common Stock.
- The transaction was executed at a price of $28.09 per share.
- The transaction code "F" indicates the disposition was for the payment of an exercise price or tax liability.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.
- Following this transaction, Pinkley directly owns 2,696 shares of Common Stock.
- Additionally, Pinkley indirectly owns 2,075 shares of Common Stock through an Employee Stock Ownership Plan (ESOP).
Sentiment
Score: 5
Explanation: Neutral. This is a routine insider transaction, specifically a disposition for tax purposes, which is a common and expected event for executives with equity compensation. It does not indicate a change in sentiment towards the company.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, as it primarily reports a past insider transaction.
Industry Context
This is a routine insider transaction, common across all industries for executives managing their equity compensation. It does not directly relate to broader industry trends beyond general market conditions affecting stock value.
Comparison to Industry Standards
- This is a standard insider transaction reporting, consistent with regulatory requirements for executives of publicly traded companies across the financial sector and broader market.
Stakeholder Impact
- Minimal. Routine insider transactions for tax purposes typically have little to no impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/17/2025 | Date of earliest transaction (disposition of shares) |
| 11/18/2025 | Date Form 4 was signed and filed |
Keywords
Southside Bancshares Inc., SBSI, April Pinkley, CAO, Insider Transaction, Form 4, Stock Disposition, Rule 10b5-1, Common Stock, Beneficial Ownership
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