SHAMBURGER JULIE 4
4 · SOUTHSIDE BANCSHARES INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
SBSI CFO Julie Shamburger Receives 1,907 Shares (PSU Settlement)
What Happened
Julie Shamburger, Chief Financial Officer of Southside Bancshares (SBSI), received 1,907 shares on March 17, 2026 as the settlement of performance-based restricted stock units (PSUs). The award is reported as an acquisition (code A) at $0.00 (typical for RSU/PSU grants). To satisfy tax withholding obligations, 464 of those shares were withheld/disposed (code F) at $29.94 per share, totaling $13,892.
Key Details
- Transaction date: March 17, 2026; filing date: March 18, 2026 (reported next day).
- Award: 1,907 shares granted/settled (reported at $0.00).
- Withholding/tax disposition: 464 shares withheld at $29.94/share = $13,892 (reported as disposed).
- Footnote: These shares were earned from PSUs granted Feb 2, 2023, based on ROATCE targets and continued employment.
- Shares owned after transaction: not disclosed in the provided filing details.
- Transaction codes: A = award/grant, F = tax withholding to cover tax liability.
Context
This was a performance-based PSU settlement, not an open-market buy or sale. The 464-share disposition simply reflects tax withholding by the company (common practice) and should not be read as an independent sale signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-17+1,907→ 33,067 total - Tax Payment
Common Stock
2026-03-17$29.94/sh−464$13,892→ 32,603 total
- 4,899(indirect: By Trust)
Common Stock
- 4,472(indirect: by ESOP)
Common Stock
- 3,787(indirect: By IRA)
Common Stock
- 3,250(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]Reflects the settlement of performance-based restricted stock units ("PSUs") granted to the reporting person on February 2, 2023, such PSUs were earned based on achievement of goals related to ROATCE and the reporting person's continued employment with the Company.