Form 4: Southside Bancshares Regional President Acquires Shares
Insider Transaction Report
Southside Bancshares Regional President Jared C. Green acquired 18 shares of common stock through dividend equivalent rights and dividend reinvestment.
Summary
- Jared C. Green, Regional President, ETX, of SOUTHSIDE BANCSHARES INC (SBSI), acquired 18 shares of common stock.
- The acquisition occurred on December 4, 2025, at a price of $0 per share.
- The 18 shares reflect dividend equivalent rights received pursuant to a cash dividend on Restricted Stock Units (RSUs) held by Mr. Green.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
- Following this transaction, Mr. Green directly beneficially owns 5,024 shares of common stock.
- Additionally, Mr. Green indirectly beneficially owns 2,168 shares via a 401k and 1,805 shares via an ESOP, which includes shares acquired under the Company's Dividend Reinvestment Program.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. While the acquisition is small and primarily dividend-driven, it represents an insider increasing their stake, which is generally viewed favorably, though not significantly impactful.
Positives
- An insider, Regional President Jared C. Green, increased his beneficial ownership in the company, which can be viewed as a positive signal of confidence.
- The acquisition of shares through dividend equivalent rights and a Dividend Reinvestment Program indicates a commitment to long-term ownership and participation in company growth.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance.
Management Comments
- Regional President Jared C. Green's acquisition of shares reflects his participation in the company's dividend programs and RSU plans.
Industry Context
This Form 4 filing reports an individual insider transaction and does not provide broader industry trends or competitive analysis.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Rule 10b5-1 Plan Disclosure | The reported transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | 12/04/2025 | Indicates a pre-arranged trading plan, which helps mitigate concerns about opportunistic insider trading and promotes transparency. |
Stakeholder Impact
- Shareholders: The transaction shows continued insider ownership and participation in dividend programs, which can be a minor positive signal regarding management's alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 12/04/2025 | Date of transaction where 18 shares of common stock were acquired. |
| 12/08/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Recommendation
holdThe acquisition of 18 shares by a regional president, primarily through dividend equivalent rights and reinvestment, is a routine insider transaction and does not represent a significant change in the company's fundamental outlook or valuation. It is too small to warrant a change in investment thesis, thus a 'hold' recommendation is appropriate.
Keywords
SBSI, Southside Bancshares, Insider Transaction, Form 4, Stock Acquisition, Dividend Reinvestment, Jared C. Green, Regional President
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