Form 4: Southside Bancshares CCO Arnold T L Jr. Reports Stock Disposals
SEC Form 4 Filing
CCO Arnold T L Jr. of Southside Bancshares reported the disposal of common stock to cover tax obligations.
Summary
- On February 1st, 2025, Arnold T L Jr., CCO of Southside Bancshares, disposed of 243 shares of common stock at $31.43.
- On February 2nd, 2025, Arnold T L Jr., disposed of 121 shares of common stock at $31.43.
- On February 3rd, 2025, Arnold T L Jr., disposed of 112 shares of common stock at $30.9.
- Following these transactions, Arnold T L Jr. directly owns 16,041 shares of common stock and indirectly owns 1,411 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the financial industry.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Disposal of 243 shares of common stock at $31.43 |
| 02/02/2025 | Disposal of 121 shares of common stock at $31.43 |
| 02/03/2025 | Disposal of 112 shares of common stock at $30.9 |
| 02/04/2025 | Date of signature by attorney in fact |
Keywords
Southside Bancshares, SBSI, Form 4, CCO, Arnold T L Jr., Stock Disposal, Beneficial Ownership, ESOP
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