Form 4: Southside Bancshares CFO Julie Shamburger Reports Changes in Beneficial Ownership

Sentiment:

SEC Filing


Julie Shamburger, CFO of Southside Bancshares, reports transactions involving common stock, including dividend equivalent rights and shares acquired through dividend reinvestment and ESOP contributions.

Summary

  • Julie Shamburger, CFO of Southside Bancshares Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
  • On February 29, 2024, she acquired 67 shares of common stock through dividend equivalent rights related to RSUs.
  • She directly owns 24,285 shares of common stock.
  • She indirectly owns 4,460 shares through a 401k SSB Trust, 7,459 shares through an ESOP, and 3,250 shares through a Spouse IRA.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.

Stakeholder Impact

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

Key Dates

DateDescription
02/29/2024Date of transaction: Acquisition of 67 shares of common stock through dividend equivalent rights.
03/04/2024Date of signature by Lindsey Bibby Bailes, attorney in fact.

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