Form 4: Southside Bancshares President Reports Stock Disposition
Insider Transaction Report
Keith Donahoe, President and Director of Southside Bancshares, reported the disposition of 197 shares of common stock to cover tax obligations.
Summary
- Keith Donahoe, President and Director of Southside Bancshares Inc. (SBSI), reported transactions involving the company's common stock.
- On November 16, 2025, Donahoe disposed of 40 shares of common stock at a price of $28.84 per share.
- On November 17, 2025, an additional 157 shares of common stock were disposed of at a price of $28.09 per share.
- These dispositions, totaling 197 shares, were marked with transaction code "F," indicating they were likely for tax withholding purposes.
- Following these transactions, Donahoe directly beneficially owns 10,637 shares of common stock.
- Donahoe also indirectly beneficially owns 602 shares through an ESOP.
Sentiment
Score: 5
Explanation: This is a routine Form 4 filing reporting insider transactions, specifically dispositions for tax withholding. It does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Stakeholder Impact
- The disposition of a small number of shares by a key executive for tax purposes is a routine event and is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/16/2025 | Disposition of 40 shares of common stock by Keith Donahoe. |
| 11/17/2025 | Disposition of 157 shares of common stock by Keith Donahoe. |
| 11/18/2025 | Date the Form 4 was signed by attorney-in-fact Lindsey Bibby Bailes. |
Keywords
Southside Bancshares, SBSI, Keith Donahoe, Insider Transaction, Form 4, Stock Disposition, Officer Transaction, Director Transaction, Equity
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