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

Southside Bancshares names Mitchell Craddock COO, adds three board members

Neutral Impact 3 of 5 leadership Written later

Southside Bancshares said its board will add three directors, Keith M. Donahoe, Jeb W. Jones and Raymond C. McKinney, CPA, effective November 15, 2025, and named Mitchell Craddock as chief operating officer, effective upon Brian K. McCabe's retirement on November 14, 2025. The company also raised its stock repurchase authorization by 1.0 million shares, to 2.0 million in total, which leaves about 1.1 million shares remaining under the plan.

Key points

  • Keith M. Donahoe, Jeb W. Jones and Raymond C. McKinney, CPA join the Company and Bank boards effective November 15, 2025; board size rises by three to fourteen members.
  • Mitchell Craddock, 45, becomes Chief Operating Officer effective upon Brian K. McCabe's retirement on November 14, 2025.
  • Repurchase authorization increased by 1.0 million shares to a total of 2.0 million; about 868,000 shares have been bought at an average price of $28.43.
  • Director Emeritus William Sheehy died on October 5, 2025.

The filing

CompanySouthside Bancshares (SBSI)
Form8-K, current report
Filed with the SECOct 16, 2025, 5:09 PM ET
Accession number0000705432-25-000200

Items reported: 5.02 Director / Officer Change8.01 Other Events

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 October 16, 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.