AI brief of an SEC Form 8-K · Southside Bancshares (SBSI)

Southside Bancshares shareholders approve 2025 Incentive Plan and elect four directors

Neutral Impact 2 of 5 shareholder Written later

At its May 14, 2025 annual meeting, Southside Bancshares shareholders approved the 2025 Incentive Plan, which reserves 1,200,000 shares for awards to employees, officers, directors and consultants. Shareholders also elected four directors, approved executive pay on a non-binding advisory basis, and ratified Ernst & Young LLP as the independent auditor for 2025.

Key points

  • Incentive Plan approved with 18,426,392 votes for, 1,563,164 against and 119,923 abstaining
  • Directors elected: Shannon Dacus, Alton L. Frailey and Lee R. Gibson, CPA for three-year terms to 2028; Michael J. Bosworth for a one-year term to 2026
  • Say-on-pay approved with 19,286,484 votes for and 776,285 against
  • Ernst & Young LLP ratified for the year ending December 31, 2025, with 24,795,212 votes for

The filing

CompanySouthside Bancshares (SBSI)
Form8-K, current report
Filed with the SECMay 19, 2025, 5:25 PM ET
Accession number0000705432-25-000082

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 19, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.