Form 4: Southside Bancshares Director Patricia Ann Callan Reports Stock Transactions
SEC Form 4
Patricia Ann Callan, a director of Southside Bancshares Inc., reported acquiring 1,359 shares of common stock and disposing of 5,039 shares held in an IRA.
Summary
- On May 14, 2025, Patricia Ann Callan, a director of Southside Bancshares Inc., engaged in transactions involving the company's common stock.
- Callan acquired 1,359 shares of common stock.
- She also disposed of 5,039 shares held indirectly through an IRA.
- Following these transactions, Callan directly owns 5,825 shares of Southside Bancshares Inc. common stock and indirectly owns 0 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like directors, who trade in their company's stock. It provides transparency to the market regarding the transactions of those with privileged information.
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 |
|---|---|
| 05/14/2025 | Date of stock acquisition and disposal. |
| 05/21/2025 | Date of signature on the report. |
Keywords
Southside Bancshares, SBSI, Director, Stock Transaction, Form 4, Patricia Ann Callan, IRA
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