Form 4: Southside Bancshares Inc. Executive Anne Martinez Reports Stock Transaction

Anne Martinez, CRO of Southside Bancshares Inc., reported a disposition of 98 shares of common stock on November 17, 2024.

Summary

• Anne Martinez, the Chief Risk Officer (CRO) of Southside Bancshares Inc., filed a Form 4 indicating a transaction involving the company's common stock.
• On November 17, 2024, Ms. Martinez disposed of 98 shares of common stock at a price of $35.89 per share.
• Following this transaction, Ms. Martinez directly owns 6,482 shares of common stock.
• She also indirectly owns 2,548 shares through a 401k, 2,252 shares through an ESOP, and 303 shares through a Spouse IRA.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with SEC regulations.
• The transaction is relatively small in volume and is not unusual for executive stock transactions.

Stakeholder Impact

• This transaction has a minimal impact on stakeholders as it is a small sale of shares by an executive.

Key Dates

Keywords

Form 4, insider trading, stock transaction, beneficial ownership, Southside Bancshares Inc., SBSI, Anne Martinez, CRO