---
schema_version: "secwatch.filing_event.v1"
accession: "0000705432-26-000093"
form_type: "8-K"
ticker: "SBSI"
cik: "0000705432"
company_name: "SOUTHSIDE BANCSHARES INC"
filed_at: "2026-05-20T20:03:10+00:00"
generated_at: "2026-05-20T21:48:42.629292+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Southside Bancshares shareholders approve issuance of up to 8M shares of flexible preferred stock

## Summary
- Charter amendment authorizing up to 8,000,000 shares of flexible preferred stock approved with 21.8M for vs 2.0M against.
- All six board nominees elected; three-year terms for Anderson, Donahoe, Shands, Smith; Jones (2-yr), McKinney (1-yr).
- Non-binding say-on-pay approved: 22.3M for, 1.5M against, 2.8M broker non-votes.
- Ernst & Young ratified as auditor for FY 2026 with 26.4M for out of 26.8M voted.
- Amendment effective upon filing with Texas Secretary of State on May 19, 2026.

## SEC filing metadata
- accession: 0000705432-26-000093
- form_type: 8-K
- ticker: SBSI
- cik: 0000705432
- company_name: SOUTHSIDE BANCSHARES INC
- filed_at: 2026-05-20T20:03:10+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/705432/000070543226000093/0000705432-26-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/705432/000070543226000093/sbsi-20260514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000705432-26-000093
- JSON: https://secwatch.observer/filing/0000705432-26-000093.json
- Plain text: https://secwatch.observer/filing/0000705432-26-000093.txt

## Key facts
- Governance Changes
  SOUTHSIDE BANCSHARES INC: Amendment to Restated Certificate of Formation to authorize up to 8,000,000 shares of flexible preferred stock (effective 2026-05-19).
  - Change: charter amendment
  - Effective: 2026-05-19
  source text: At the Annual Meeting, the Company's shareholders approved an amendment to the Company’s Restated Certificate of Formation (the “Charter Amendment”) to authorize the issuance of up to 8,000,000 shares of flexible preferred stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/705432/000070543226000093/0000705432-26-000093-index.htm
- Shareholder Votes
  SOUTHSIDE BANCSHARES INC shareholders approved Election of Directors at the 2026-03-16 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2026-03-16
  source text: Item 5.07. Submission of Matters to a Vote of Security Holders. A total of 26,767,647 shares of the Company's common stock were represented in person or by proxy at the Annual Meeting, or 89.99%, of the 29,743,585 shares outstanding as of the record date, March 16, 2026. The Company's shareholders voted on four proposals at the Annual Meeting, as set forth below. Proposal 1 - Election of Directors Shareholders approved the election of four directors to serve for three-year terms expiring at the 2029 Annual Meeting of Shareholders, one director to serve for a two-year term expiring at the 2028 Annual Meeting of Shareholders and one director to serve for a one-year term expiring at the 2027 Annual Meeting of Shareholders. Final results were as follows: Term Expiring at the 2029 Annual Meeting: For Withheld Broker Non-Votes Lawrence L. Anderson, M.D. 23,379,541 629,316 2,758,790 Keith M. Donahoe 23,483,743 525,114 2,758,790 H. J. Shands, III 23,040,796 968,061 2,758,790 Preston L. Smith 2
  evidence_url: https://www.sec.gov/Archives/edgar/data/705432/000070543226000093/0000705432-26-000093-index.htm
- Shareholder Votes
  SOUTHSIDE BANCSHARES INC shareholders approved Ratification of Appointment of Ernst & Young LLP as Independent Registered Certified Public Accounting Firm at the 2026-03-16 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2026-03-16
  source text: Item 5.07. Submission of Matters to a Vote of Security Holders. A total of 26,767,647 shares of the Company's common stock were represented in person or by proxy at the Annual Meeting, or 89.99%, of the 29,743,585 shares outstanding as of the record date, March 16, 2026. The Company's shareholders voted on four proposals at the Annual Meeting, as set forth below. Proposal 1 - Election of Directors Shareholders approved the election of four directors to serve for three-year terms expiring at the 2029 Annual Meeting of Shareholders, one director to serve for a two-year term expiring at the 2028 Annual Meeting of Shareholders and one director to serve for a one-year term expiring at the 2027 Annual Meeting of Shareholders. Final results were as follows: Term Expiring at the 2029 Annual Meeting: For Withheld Broker Non-Votes Lawrence L. Anderson, M.D. 23,379,541 629,316 2,758,790 Keith M. Donahoe 23,483,743 525,114 2,758,790 H. J. Shands, III 23,040,796 968,061 2,758,790 Preston L. Smith 2
  evidence_url: https://www.sec.gov/Archives/edgar/data/705432/000070543226000093/0000705432-26-000093-index.htm
- Shareholder Votes
  SOUTHSIDE BANCSHARES INC shareholders approved Approval of Amendment to Restated Certificate of Formation to authorize issuance of up to 8,000,000 shares of flexible preferred stock at the 2026-03-16 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2026-03-16
  source text: Item 5.07. Submission of Matters to a Vote of Security Holders. A total of 26,767,647 shares of the Company's common stock were represented in person or by proxy at the Annual Meeting, or 89.99%, of the 29,743,585 shares outstanding as of the record date, March 16, 2026. The Company's shareholders voted on four proposals at the Annual Meeting, as set forth below. Proposal 1 - Election of Directors Shareholders approved the election of four directors to serve for three-year terms expiring at the 2029 Annual Meeting of Shareholders, one director to serve for a two-year term expiring at the 2028 Annual Meeting of Shareholders and one director to serve for a one-year term expiring at the 2027 Annual Meeting of Shareholders. Final results were as follows: Term Expiring at the 2029 Annual Meeting: For Withheld Broker Non-Votes Lawrence L. Anderson, M.D. 23,379,541 629,316 2,758,790 Keith M. Donahoe 23,483,743 525,114 2,758,790 H. J. Shands, III 23,040,796 968,061 2,758,790 Preston L. Smith 2
  evidence_url: https://www.sec.gov/Archives/edgar/data/705432/000070543226000093/0000705432-26-000093-index.htm
- Shareholder Votes
  SOUTHSIDE BANCSHARES INC shareholders approved Say-on-Pay Vote at the 2026-03-16 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2026-03-16
  source text: Item 5.07. Submission of Matters to a Vote of Security Holders. A total of 26,767,647 shares of the Company's common stock were represented in person or by proxy at the Annual Meeting, or 89.99%, of the 29,743,585 shares outstanding as of the record date, March 16, 2026. The Company's shareholders voted on four proposals at the Annual Meeting, as set forth below. Proposal 1 - Election of Directors Shareholders approved the election of four directors to serve for three-year terms expiring at the 2029 Annual Meeting of Shareholders, one director to serve for a two-year term expiring at the 2028 Annual Meeting of Shareholders and one director to serve for a one-year term expiring at the 2027 Annual Meeting of Shareholders. Final results were as follows: Term Expiring at the 2029 Annual Meeting: For Withheld Broker Non-Votes Lawrence L. Anderson, M.D. 23,379,541 629,316 2,758,790 Keith M. Donahoe 23,483,743 525,114 2,758,790 H. J. Shands, III 23,040,796 968,061 2,758,790 Preston L. Smith 2
  evidence_url: https://www.sec.gov/Archives/edgar/data/705432/000070543226000093/0000705432-26-000093-index.htm

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