Form 4: Southside Bancshares Director Kirk Calhoun Increases Stake with Common Stock Purchase

Southside Bancshares Inc. Director Kirk A. Calhoun purchased 300 shares of common stock at $27.99 per share, increasing his direct beneficial ownership to 16,766 shares.

Summary

• Director Kirk A. Calhoun of Southside Bancshares Inc. (SBSI) acquired 300 shares of common stock.
• The transaction occurred on May 23, 2025.
• The shares were purchased at a price of $27.99 per share.
• Following this transaction, Mr. Calhoun directly owns 16,766 shares of common stock.
• He also indirectly owns 1,063 shares through an IRA.

Sentiment

Score: 7

Explanation: The director's purchase of company stock indicates confidence in the company's valuation and future prospects, which is generally viewed positively by the market.

Positives

• A director's purchase of company stock indicates confidence in the company's future prospects and valuation.
• The transaction increases the alignment of interests between management and shareholders.

Future Outlook

N/A This Form 4 filing reports an insider transaction and does not provide forward-looking statements or guidance.

Industry Context

This Form 4 filing details an insider transaction, specifically a director's purchase of company stock. While not directly related to broader industry trends, insider buying can be a signal of management's confidence in the company's position within its sector.

Related Party Transactions

• Director Kirk A. Calhoun, a related party, purchased 300 shares of Southside Bancshares Inc. common stock on the open market.

Stakeholder Impact

• Shareholders: May view the insider purchase as a positive signal, potentially increasing confidence in the stock and its future performance.

Key Dates

Recommendation

Keywords

Southside Bancshares, SBSI, Kirk Calhoun, Director, Stock Purchase, Insider Trading, Form 4, Common Stock, Beneficial Ownership