Form 4: Southside Bancshares CFO Julie Shamburger Reports Stock Disposal
SEC Form 4 Filing
Julie Shamburger, CFO of Southside Bancshares, reported the disposal of 132 shares of common stock on June 29, 2024, for tax purposes.
Summary
- On June 29, 2024, Julie Shamburger, CFO of Southside Bancshares, reported a transaction involving the disposal of 132 shares of common stock.
- The transaction was executed at a price of $27.61 per share.
- Following the transaction, Shamburger directly owns 24,227 shares of Southside Bancshares common stock.
- Shamburger also indirectly owns 4,521 shares through a 401k SSB Trust, 3,888 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 standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 06/29/2024 | Date of stock disposal transaction |
| 07/02/2024 | Date of Form 4 filing |
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