Form 4: Southside Bancshares CCO, Arnold T L Jr, Reports Changes in Beneficial Ownership
SEC Form 4
Arnold T L Jr, CCO of Southside Bancshares, reports acquisition and disposal of common stock on February 6, 2025.
Summary
- On February 6, 2025, Arnold T L Jr, the Chief Compliance Officer (CCO) of Southside Bancshares Inc. (SBSI), reported changes in beneficial ownership of the company's common stock.
- The reported transactions include the acquisition of 2,306 shares of common stock and the disposal of 1,411 shares held indirectly through an ESOP.
- Following these transactions, Arnold T L Jr. directly owns 18,347 shares of Southside Bancshares Inc.
- He also indirectly owns shares through an ESOP.
Sentiment
Score: 5
Explanation: This is a routine filing; the transactions themselves don't necessarily indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's sentiment regarding the company's prospects.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of the reported transactions (acquisition and disposal of common stock). |
| 02/07/2025 | Date of signature for the report. |
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