secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHSIDE BANCSHARES INC (SBSI)
CIK:        0000705432
Form:       8-K
Filed at:   2026-05-20T20:03:10+00:00
Accession:  0000705432-26-000093
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/705432/000070543226000093/0000705432-26-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/705432/000070543226000093/sbsi-20260514.htm
  HTML page:      https://secwatch.observer/filing/0000705432-26-000093

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