Form 4: Southside Bancshares CFO Julie Shamburger Reports Stock Award and Holdings
SEC Filing
Julie Shamburger, CFO of Southside Bancshares, reports the acquisition of 3,063 shares of common stock and discloses holdings including direct and indirect ownership.
Summary
- Julie Shamburger, the CFO of Southside Bancshares Inc. (SBSI), filed a Form 4 with the SEC.
- The report details changes in her beneficial ownership of the company's common stock.
- On February 6, 2025, Shamburger acquired 3,063 shares of common stock.
- Following the transaction, Shamburger directly owns 26,836 shares.
- She also has indirect ownership through a 401k SSB Trust (4,616 shares), a Spouse IRA (3,250 shares), an IRA (3,624 shares), and an ESOP (3,969 shares).
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential alignment of interests between management and shareholders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CFO's stake in the company.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of transaction: acquisition of common stock. |
| 02/07/2025 | Date of signature on the report. |
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