Form 4: Director Stackhouse Converts RSUs to SFNC Stock

Simmons First National Corp. Director Julie L. Stackhouse converted 928 Restricted Stock Units into common stock, increasing her direct beneficial ownership to 17,068 shares.

Summary

• Julie L. Stackhouse, a Director of Simmons First National Corp (SFNC), reported a change in beneficial ownership.
• On January 2, 2026, 928 Restricted Stock Units (RSUs) vested and converted into 928 shares of SFNC common stock on a one-for-one basis.
• Following this transaction, Ms. Stackhouse directly beneficially owns 17,068 shares of SFNC common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading strategy.

Sentiment

Score: 6

Explanation: The conversion of Restricted Stock Units to common stock by a director is a routine event, often part of compensation. It increases insider ownership, which can be seen as a positive signal of alignment with shareholder interests, but it's not a direct investment decision by the insider.

Positives

• Director Julie L. Stackhouse increased her direct beneficial ownership of SFNC common stock by 928 shares through the conversion of Restricted Stock Units.
• The transaction was executed under a Rule 10b5-1 plan, which can indicate a disciplined and pre-planned approach to insider transactions.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased insider ownership may be viewed positively as it aligns management interests with shareholder interests.

Key Dates

Recommendation

This Form 4 reports a routine conversion of Restricted Stock Units into common stock by a director, which is a standard compensation event. While it increases insider ownership, it does not represent a new open-market purchase or sale that would significantly alter the investment thesis for Simmons First National Corp. Therefore, a 'hold' recommendation is appropriate as this event alone does not provide new information to change an existing investment stance.

Keywords

Simmons First National Corp, SFNC, Julie L. Stackhouse, Form 4, Insider Transaction, Restricted Stock Units, Common Stock, Director, Beneficial Ownership, Rule 10b5-1