Form 4: Southside Bancshares Inc. Executive Keith Donahoe Reports Stock Disposals

Keith Donahoe, President of Southside Bancshares Inc., reported the disposal of company stock on November 16th and 17th, 2024.

Summary

• Keith Donahoe, President of Southside Bancshares Inc., has reported the disposal of company stock.
• On November 16, 2024, Mr. Donahoe disposed of 39 shares of common stock at a price of $35.89 per share.
• On November 17, 2024, he disposed of an additional 150 shares of common stock, also at $35.89 per share.
• Following these transactions, Mr. Donahoe directly owns 7,035 shares of common stock and indirectly owns 376 shares through an ESOP.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock disposals by an executive, which is a routine event. There is no indication of positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is required when company insiders trade their company's stock. These filings are closely watched by investors for insights into management's view of the company's prospects.

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 disposals.
• The volume of shares disposed of by Mr. Donahoe is relatively small compared to the overall market capitalization of Southside Bancshares Inc.

Stakeholder Impact

• The stock disposals by Mr. Donahoe may have a minor impact on the share price, but are unlikely to significantly affect other stakeholders.

Key Dates

Keywords

Southside Bancshares Inc, SBSI, Keith Donahoe, stock disposal, insider trading, Form 4, executive transactions, equity securities