Form 4: Southside Bancshares Director Lawrence Anderson Reports Stock Transactions
SEC Form 4 Filing
Director Lawrence Anderson reports acquisition and disposal of Southside Bancshares (SBSI) common stock.
Summary
- On May 14, 2025, Lawrence Lazelle Anderson, a director of Southside Bancshares Inc. (SBSI), reported a transaction involving the company's common stock.
- Anderson acquired 1,825 shares of common stock at $0.
- Anderson disposed of 3,713 shares of common stock.
- Following the reported transactions, Anderson directly owns 0 shares of common stock.
- Anderson indirectly owns 15,929 shares through the Lawrence L Anderson Spousal Trust.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director. The sentiment is neutral as it simply reports facts without indicating positive or negative performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential insider activity and sentiment.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of stock transaction (acquisition and disposal). |
| 05/21/2025 | Date of signature on the report. |
Keywords
Southside Bancshares, SBSI, Form 4, Insider Trading, Stock Transaction, Director, Anderson, Beneficial Ownership
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