Form 4: Southside Bancshares Officer Sells Shares for Tax Liability

Sherri Anthony, Chief Banking Officer of Southside Bancshares Inc., disposed of 36 shares of common stock to cover tax obligations.

Summary

• Sherri Anthony, Chief Banking Officer of SOUTHSIDE BANCSHARES INC (SBSI), reported a transaction involving company common stock.
• On November 17, 2025, Anthony disposed of 36 shares of common stock.
• The shares were disposed of at a price of $28.09 per share.
• This transaction was coded as 'F', indicating payment of tax liability by delivering or withholding securities.
• Following the transaction, Anthony directly owns 2,871 shares of common stock.
• Additionally, Anthony indirectly owns 556 shares of common stock through an ESOP.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares for tax purposes, which is neutral in sentiment. It does not indicate a change in confidence or a significant strategic move.

Future Outlook

NA

Industry Context

Insider transactions, particularly those for tax withholding, are common occurrences in the banking sector as executives manage their equity compensation and tax obligations.

Related Party Transactions

• Sherri Anthony, an officer of Southside Bancshares Inc., disposed of 36 shares of the company's common stock.

Stakeholder Impact

• Minimal impact on shareholders due to the small number of shares involved and the routine nature of the tax-related disposition.

Key Dates

Recommendation

This Form 4 reports a routine, small-scale disposition of shares by an officer for tax liability. It does not reflect a change in the officer's investment thesis or the company's fundamentals, and therefore, does not warrant a change in investment recommendation based solely on this filing.

Keywords

Southside Bancshares, SBSI, Sherri Anthony, Insider Transaction, Form 4, Stock Sale, Tax Liability, Officer Transaction, Common Stock