secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHSIDE BANCSHARES INC (SBSI)
CIK:        0000705432
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0000705432-23-000027
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Southside Bancshares director Sheehy to retire; director Lovelady passes away
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- Director William Sheehy to retire at May 17, 2023 annual meeting per mandatory age policy (75).
- Sheehy served on board since 1983; retirement not due to disagreement with management.
- Director Melvin B. Lovelady passed away on February 25, 2023 after brief illness.
- Lovelady served as director since 2005; no replacement announced yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/705432/000070543223000027/0000705432-23-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/705432/000070543223000027/sbsi-20230302.htm
  HTML page:      https://secwatch.observer/filing/0000705432-23-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer