Form 4: Southside Bancshares Director Patricia Callan Reports Transaction
SEC Form 4 Filing
Director Patricia Callan reports acquisition and disposal of Southside Bancshares (SBSI) common stock on May 15, 2024.
Summary
- On May 15, 2024, Patricia Ann Callan, a director of Southside Bancshares Inc. (SBSI), reported a transaction involving the company's common stock.
- Callan acquired 1,441 shares of common stock at $0.
- Callan disposed of 4,397 shares of common stock.
- Following the reported transactions, Callan directly owns 4,397 shares and indirectly owns 5,039 shares through an IRA.
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 SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transaction provides shareholders with insight into the director's investment activities.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of execution of Power of Attorney. |
| 05/15/2024 | Date of stock transaction (acquisition and disposition). |
| 05/17/2024 | Date of signature on the report. |
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