Form 4: Southside Bancshares Director Susan Elaine Anderson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Susan Elaine Anderson reports acquisition and disposal of Southside Bancshares (SBSI) common stock on May 15, 2024, according to a Form 4 filing.
Summary
- On May 15, 2024, Susan Elaine Anderson, a director of Southside Bancshares Inc. (SBSI), reported changes in her beneficial ownership of the company's common stock.
- The transactions involved the acquisition of 1,441 shares and disposal of 10,009 shares.
- Following these transactions, Anderson directly owns 0 shares of common stock and indirectly owns 23,143 shares through a Spousal IRA and 681 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 and potential alignment with company performance.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a company director.
Key Dates
| Date | Description |
|---|---|
| 2024-05-07 | Date of execution of Power of Attorney. |
| 2024-05-15 | Date of the reported stock transactions (acquisition and disposal). |
| 2024-05-17 | Date of signature on the Form 4 filing. |
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