---
schema_version: "secwatch.filing_event.v1"
accession: "0000705432-23-000104"
form_type: "8-K"
ticker: "SBSI"
cik: "0000705432"
company_name: "SOUTHSIDE BANCSHARES INC"
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T20:14:04.225265+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.0
calibrated_materiality_score: 0.0
confidence: "high"
source: SEC EDGAR
---

# Southside Bancshares shareholders approve all four proposals at 2023 annual meeting

## Summary
- Three directors elected for terms expiring 2026: Anderson, Shands (each >20M for), Smith (18.7M for); Sammons elected for 2025 term (20.6M for).
- Non-binding say-on-pay approved with 20.54M for, 0.79M against, and 4.43M broker non-votes.
- Advisory say-on-pay frequency set at one year with 19.33M votes; 1.87M preferred three years.
- Ratification of Ernst & Young as auditor for FY 2023 approved with 25.43M for, 0.24M against.

## SEC filing metadata
- accession: 0000705432-23-000104
- form_type: 8-K
- ticker: SBSI
- cik: 0000705432
- company_name: SOUTHSIDE BANCSHARES INC
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.0
- calibrated_materiality_score: 0.0
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/705432/000070543223000104/0000705432-23-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/705432/000070543223000104/sbsi-20230517.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000705432-23-000104
- JSON: https://secwatch.observer/filing/0000705432-23-000104.json
- Plain text: https://secwatch.observer/filing/0000705432-23-000104.txt

## Key facts
- Shareholder Votes
  SOUTHSIDE BANCSHARES INC shareholders approved Non-binding advisory vote on the frequency of future say-on-pay votes (one year, two years, or three years) at the 2023-05-17 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: Shareholders approved, on a non-binding advisory basis, a one-year (annual) frequency at which the Company should include a vote on the compensation of the Company's named executive officers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/705432/000070543223000104/0000705432-23-000104-index.htm
- Shareholder Votes
  SOUTHSIDE BANCSHARES INC shareholders approved Election of three directors to serve for three-year terms expiring at the 2026 Annual Meeting and one director to serve for a two-year term expiring at the 2025 Annual Meeting at the 2023-05-17 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: Shareholders approved the election of three directors to serve for three-year terms expiring at the 2026 Annual Meeting and one director to serve for a two-year term expiring at the 2025 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/705432/000070543223000104/0000705432-23-000104-index.htm
- Shareholder Votes
  SOUTHSIDE BANCSHARES INC shareholders approved Ratification of appointment of Ernst and Young LLP as independent registered certified public accounting firm for 2023 at the 2023-05-17 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: Shareholders ratified the appointment of Ernst and Young LLP to serve as the Company's independent registered certified public accounting firm for the year ending December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/705432/000070543223000104/0000705432-23-000104-index.htm
- Shareholder Votes
  SOUTHSIDE BANCSHARES INC shareholders approved Non-binding advisory vote to approve the compensation of the Company's named executive officers at the 2023-05-17 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: Shareholders approved, on a non-binding advisory basis, the compensation of the Company's named executive officers, as described in the Company's proxy statement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/705432/000070543223000104/0000705432-23-000104-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.