Form 4: Southside Bancshares Inc. Executive Jared C. Green Reports Acquisition of Common Stock

Regional President of Southside Bancshares, Jared C. Green, reports acquiring 13 shares of common stock through dividend equivalent rights and discloses holdings in 401k and ESOP.

Summary

• On March 6, 2025, Jared C. Green, Regional President of Southside Bancshares Inc., acquired 13 shares of common stock.
• These shares were obtained through dividend equivalent rights related to previously held Restricted Stock Units (RSUs).
• Green directly owns 4,203 shares of common stock following the transaction.
• Additionally, Green indirectly owns 2,091 shares through a 401k and 1,742 shares through an ESOP.
• The ESOP holdings include shares received from the company's annual contribution, forfeiture allocation, and quarterly dividend reinvestment.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of shares through dividend equivalent rights suggests the company is performing well enough to distribute dividends.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by a company insider, which is normal.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares.

Key Dates