Form 4: Southside Bancshares Director Alton L. Frailey Reports Transaction
SEC Form 4 Filing
Director Alton L. Frailey reports a transaction involving Southside Bancshares Inc. common stock on May 15, 2024.
Summary
- On May 15, 2024, Alton L. Frailey, a director of Southside Bancshares Inc. (SBSI), reported a transaction involving the company's common stock.
- Frailey acquired 2,703 shares of common stock at $0.
- Following the transaction, Frailey directly owns 7,599 shares of Southside Bancshares Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.
Stakeholder Impact
- The transaction provides shareholders with insight into the actions of a company director, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 2024-05-07 | Date of execution of Power of Attorney. |
| 2024-05-15 | Date of the transaction involving Southside Bancshares Inc. common stock. |
| 2024-05-17 | Date of signature on the report. |
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