Form 4: Lawrence Lazelle Anderson Reports Acquisition of Southside Bancshares Stock Through Dividend Equivalent Rights
SEC Form 4 Filing
Director Lawrence Lazelle Anderson reports acquiring 22 shares of Southside Bancshares Inc. common stock through dividend equivalent rights.
Summary
- On March 6, 2025, Lawrence Lazelle Anderson, a director of Southside Bancshares Inc., acquired 22 shares of common stock.
- The acquisition was through dividend equivalent rights received on Restricted Stock Units (RSUs) held by Anderson.
- The price per share was $0.
- Following the transaction, Anderson directly owns 1,888 shares of common stock and indirectly owns 15,929 shares through the Lawrence L Anderson Spousal Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend equivalent rights.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: Acquisition of 22 shares of common stock through dividend equivalent rights. |
| 03/10/2025 | Date of signature by Lindsey Bibby Bailes, attorney in fact. |
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