Form 4: Southside Bancshares CFO Sells SBSI Stock
Insider Transaction Report
Southside Bancshares CFO Julie Shamburger reported the sale of 521 shares of common stock across two transactions in early February 2026.
Summary
- Julie Shamburger, Chief Financial Officer (CFO) of Southside Bancshares Inc. (SBSI), reported the disposition of 521 shares of the company's common stock.
- On February 1, 2026, 339 shares were disposed of at a price of $32.19 per share. This price reflects the closing price of the previous business day as the transaction occurred on a non-business day.
- On February 2, 2026, an additional 182 shares were disposed of at a price of $33.10 per share.
- Following these transactions, Ms. Shamburger directly beneficially owns 28,301 shares of SBSI common stock.
- Indirect beneficial ownership includes 4,843 shares in a 401k SSB Trust, 4,206 shares by ESOP, 3,787 shares in an IRA, and 3,250 shares in a Spouse IRA.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It is a standard Form 4 reporting routine insider transactions, likely related to tax withholding upon vesting of equity awards, and does not indicate a significant change in company fundamentals or management sentiment.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions, typically involving executives managing their equity compensation, often for tax-related purposes. These transactions are a standard part of corporate governance and transparency requirements for publicly traded companies.
Stakeholder Impact
- Shareholders: The reported transactions are routine insider sales, likely for tax purposes, and are unlikely to have a material impact on shareholder value or perception.
Key Dates
| Date | Description |
|---|---|
| 02/01/2026 | Date of disposition of 339 shares of common stock by CFO Julie Shamburger. |
| 02/02/2026 | Date of disposition of 182 shares of common stock by CFO Julie Shamburger. |
| 02/03/2026 | Date the Form 4 was signed by Lindsey Bibby Bailes, attorney in fact for Julie Shamburger. |
Keywords
SBSI, Southside Bancshares, Form 4, Insider Transaction, Stock Sale, Julie Shamburger, CFO
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