Southside Bancshares (SBSI) director Calhoun gains 19-share dividend-equivalent award

Rhea-AI Filing Summary

Southside Bancshares director Kirk A. Calhoun reported a small equity award tied to existing RSUs. On June 1, 2026, he acquired 19 shares of common stock at $0.00 per share as a grant or award, reflecting dividend equivalent rights from a cash dividend on his restricted stock units.

Following this award, Calhoun directly holds 18,912 shares of Southside Bancshares common stock and indirectly holds 1,063 shares through an IRA. The filing indicates this was a compensation-related acquisition rather than an open-market purchase or sale.

Insights

Bank equity compensation analyst

Routine compensation-related share accrual, not an open-market trade.

This Form 4 shows Kirk A. Calhoun, a director of Southside Bancshares, receiving 19 common shares as a grant or award valued at $0.00 per share. A footnote explains these are dividend equivalent rights tied to cash dividends on his RSUs.

Dividend equivalent rights are standard for equity awards, allowing holders to receive share-based credits when the company pays cash dividends. The filing also notes total direct holdings of 18,912 shares and 1,063 shares held indirectly via an IRA.

The transaction does not involve open-market buying or selling and appears to be a routine, non-cash compensation adjustment. It mainly updates Calhoun’s reported ownership rather than signaling a change in his view of the stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Calhoun Kirk A.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	19	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 18,912 shares (Direct, null); Common Stock — 1,063 shares (Indirect, IRA)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired via award: 19 shares Award price per share: $0.00 per share Direct holdings after transaction: 18,912 shares +3 more

6 metrics

Shares acquired via award 19 shares Grant/award acquisition on June 1, 2026

Award price per share $0.00 per share Dividend equivalent rights credited on RSUs

Direct holdings after transaction 18,912 shares Common stock directly owned after June 1, 2026 transaction

Indirect IRA holdings 1,063 shares Common stock held indirectly via IRA

Acquire transaction count 1 transaction Non-derivative acquisition coded as A

Holding entries 1 entry IRA holding reported as of June 1, 2026

Key Terms

dividend equivalent rights, RSUs, grant, award, or other acquisition, IRA

4 terms

dividend equivalent rights financial

"Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person."

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

RSUs financial

"Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

IRA financial

""nature_of_ownership": "IRA""

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/03/2026 - 03:39 PM Accepted by SEC EDGAR 06/03/2026 - 03:38 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Calhoun Kirk A.

(Last) (First) (Middle)

1201 S. BECKHAM AVE

(Street)

TYLER TEXAS 75701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SOUTHSIDE BANCSHARES INC [ SBSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2026		A		19(1)	A	$0	18,912	D
Common Stock								1,063	I	IRA

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person. Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs.

Remarks:

	Lindsey Bibby Bailes, attorney in fact	06/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Southside Bancshares (SBSI) director Kirk A. Calhoun report in this Form 4?

Kirk A. Calhoun reported acquiring 19 Southside Bancshares common shares as a grant or award valued at $0.00 per share. The shares reflect dividend equivalent rights credited from a cash dividend on his existing RSUs, updating his total reported ownership.

Are Kirk A. Calhoun’s Southside Bancshares transactions open-market buys or sells?

The reported activity is not an open-market trade. Calhoun received 19 shares as a grant or award, tied to dividend equivalent rights on his RSUs. No open-market purchases or sales were disclosed in this Form 4 for the reported date.

How many Southside Bancshares (SBSI) shares does Kirk A. Calhoun hold after this filing?

After the transaction, Calhoun directly owns 18,912 shares of Southside Bancshares common stock. He also indirectly owns 1,063 additional shares through an IRA, according to the ownership details reported in the Form 4 filing for June 1, 2026.

What are dividend equivalent rights mentioned in the Southside Bancshares Form 4?

Dividend equivalent rights give RSU holders share-based credits when the company pays cash dividends. In this case, Calhoun received 19 Southside Bancshares shares as dividend equivalent rights, and these are subject to the same terms and conditions as the underlying RSUs he already holds.

How is indirect ownership reported for Kirk A. Calhoun in Southside Bancshares stock?

Indirect ownership is reported through an IRA account. The Form 4 shows 1,063 Southside Bancshares common shares held indirectly, labeled with ownership type "I" and nature of ownership "IRA," alongside Calhoun’s directly held 18,912 shares.

Does this Southside Bancshares Form 4 indicate any derivative securities for Kirk A. Calhoun?

The derivative section in this Form 4 is empty, indicating no new option or other derivative transactions were reported. The only activity is a non-derivative acquisition of 19 common shares tied to dividend equivalent rights on existing restricted stock units.