secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHSIDE BANCSHARES INC (SBSI)
CIK:        0000705432
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0000705432-24-000243
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southside Bancshares amends bylaws to mandate annual executive sessions and lead independent director
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- New Section 3.08 requires at least one Board executive session annually with only independent directors present.
- Provides for appointment of a Lead Independent Director for a one-year term.
- If Chairman is an independent director, Chairman serves as Lead Director with same powers.
- Amendment adopted by Board on Nov. 8, 2024 and effective immediately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/705432/000070543224000243/0000705432-24-000243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/705432/000070543224000243/sbsi-20241108.htm
  HTML page:      https://secwatch.observer/filing/0000705432-24-000243

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