Form 4: Southside Bancshares Director Susan Elaine Anderson Reports Acquisition of Common Stock

Director Susan Elaine Anderson reports the acquisition of 18 shares of Southside Bancshares common stock due to dividend equivalent rights.

Summary

• On March 6, 2025, Susan Elaine Anderson, a director of Southside Bancshares Inc., acquired 18 shares of common stock.
• The acquisition was due to dividend equivalent rights received pursuant to a cash dividend on RSUs held by Anderson.
• The price per share was $0.
• Following the transaction, Anderson directly owns 10,078 shares of common stock and indirectly owns 23,143 shares through a Spousal IRA and 681 shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to dividend equivalent rights, indicating standard compensation practices.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates