Form 4: Southside Bancshares CFO Julie Shamburger Reports Acquisition of Common Stock

Julie Shamburger, CFO of Southside Bancshares, reports acquiring 70 shares of common stock and dividend equivalent rights, while also detailing existing holdings.

Summary

• Julie Shamburger, the CFO of Southside Bancshares Inc. (SBSI), filed a Form 4 detailing changes in beneficial ownership.
• On March 6, 2025, Shamburger acquired 70 shares of common stock and dividend equivalent rights.
• The acquisition of 70 shares was related to dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person.
• Shamburger directly owns 26,906 shares of common stock.
• She also has indirect ownership through a 401k SSB Trust (4,672 shares), ESOP (4,220 shares), IRA (3,624 shares), and Spouse IRA (3,250 shares).

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard regulatory filing reporting insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates the CFO's continued investment in the company.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the CFO's holdings and transactions in the company's stock.

Key Dates