Form 4: Southside Bancshares Executive Jared C. Green Sells Shares in Multiple Transactions

Jared C. Green, a Regional President at Southside Bancshares, sold a total of 119 shares of common stock across three transactions.

Summary

• Jared C. Green, a Regional President at Southside Bancshares, executed multiple transactions involving the company's common stock.
• On November 16, 2024, he sold 38 shares at a price of $35.89 per share.
• On November 17, 2024, he sold 63 shares at a price of $35.89 per share.
• On November 18, 2024, he sold 18 shares at a price of $35.40 per share.
• Following these transactions, Mr. Green directly owns 4,232 shares of common stock.
• He also indirectly owns 2,045 shares through a 401k and 1,506 shares through an ESOP.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock sales by an executive, which is neither positive nor negative in itself.

Industry Context

Form 4 filings are a standard part of regulatory compliance for publicly traded companies, providing transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are a common occurrence for publicly traded companies, and the transactions reported here are typical for executive stock sales.
• The number of shares sold is relatively small compared to the total outstanding shares of Southside Bancshares, and the transactions do not appear to be unusual compared to similar filings from other regional banks.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders, as the number of shares sold is small relative to the total outstanding shares.

Key Dates

Keywords

Southside Bancshares, SBSI, insider trading, stock sale, Form 4, Jared C. Green, executive transaction, share disposal