SBSI.NYSESouthside Bancshares INC
Form 4: Southside Bancshares Director John F. Sammons Jr. Reports Share Acquisition and Disposal
Sentiment:
SEC Form 4 Filing
Director John F. Sammons Jr. reports acquiring and disposing of Southside Bancshares Inc. stock.
Summary
- On May 15, 2024, John F. Sammons Jr., a director of Southside Bancshares Inc., reported a transaction involving the company's common stock.
- Sammons acquired 1,802 shares of common stock at $0.
- Sammons also disposed of 2,555 shares held indirectly through an IRA.
- Following these transactions, Sammons directly owns 32,970 shares of Southside Bancshares Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the Securities and Exchange Act for insiders of publicly traded companies.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of Power of Attorney execution. |
| 05/15/2024 | Date of stock acquisition and disposal. |
| 05/17/2024 | Date of signature on the report. |
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