Form 4: Southside Bancshares CAO April Pinkley Reports Routine Stock Disposition for Tax Obligations

Southside Bancshares Inc.'s Chief Accounting Officer, April Pinkley, reported the disposition of 105 shares of common stock at $29.39 per share to cover tax withholding obligations.

Summary

• April Pinkley, Chief Accounting Officer (CAO) of Southside Bancshares Inc. (SBSI), reported a transaction involving the company's common stock.
• The transaction, dated June 29, 2025, involved the disposition of 105 shares of Common Stock.
• The shares were disposed of at a price of $29.39 per share.
• This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
• Following this transaction, April Pinkley directly beneficially owns 2,753 shares and indirectly owns 2,046 shares through an ESOP.
• The reported price of $29.39 reflects the closing price of the previous business day, as the transaction date was a non-business day.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares for tax withholding purposes, which is neutral in terms of company sentiment.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports a routine insider transaction for tax purposes and does not provide broader industry context or trends.

Related Party Transactions

• Disposition of 105 shares of common stock to the issuer (Southside Bancshares Inc.) to satisfy tax withholding obligations, a routine transaction related to equity compensation.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes by an executive.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.

Key Dates

Keywords

Southside Bancshares, SBSI, Form 4, insider transaction, stock disposition, tax withholding, April Pinkley, Chief Accounting Officer