SOUTHSIDE BANCSHARES INC·4

Mar 18, 12:20 PM ET

Arnold T L Jr 4

4 · SOUTHSIDE BANCSHARES INC · Filed Mar 18, 2026

Research Summary

AI-generated summary of this filing

Updated

SBSI CCO Arnold T. L. Jr Receives PSU Award; 322 Shares Sold for Taxes

What Happened Arnold T. L. Jr, Chief Credit Officer of Southside Bancshares, received 1,328 shares on March 17, 2026 as the settlement of performance-based restricted stock units (PSUs). On the same date 322 shares were surrendered/disposed at $29.94 each to satisfy tax withholding obligations, generating proceeds of approximately $9,641. The PSU settlement was earned based on ROATCE performance goals and continued employment.

Key Details

  • Transaction date: 2026-03-17 (filed 2026-03-18).
  • Grant/award: 1,328 shares awarded (code A) at $0.00 (PSU settlement).
  • Tax withholding/disposition: 322 shares disposed (code F) at $29.94, total ~$9,641.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: PSUs were granted Feb 2, 2023 and vested based on ROATCE targets and the reporting person’s continued employment.
  • Timeliness: Filing appears timely (reported the next day).

Context This was primarily a PSU settlement (an award) with a routine withholding/sale of a portion of shares to cover taxes. Such tax-withholding dispositions are administrative and do not necessarily reflect a change in the insider’s view of the company. Purchases or open-market sales are generally more informative about insider sentiment than award settlements or tax withholdings.

Insider Transaction Report

Form 4
Period: 2026-03-17
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-17+1,32822,839 total
  • Tax Payment

    Common Stock

    2026-03-17$29.94/sh322$9,64122,517 total
Holdings
  • Common Stock

    (indirect: ESOP)
    1,928
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.
Signature
Lindsey Bibby Bailes, attorney in fact|2026-03-18

Documents

1 file
  • 4
    wk-form4_1773850839.xmlPrimary

    FORM 4