Form 4: Director Susan S. Lanigan Reports Stock Transactions in Simmons First National Corp

Sentiment:

SEC Form 4


Susan S. Lanigan, a director of Simmons First National Corp, reports the vesting of restricted stock units and subsequent acquisition of common stock.

Summary

  • On October 1, 2024, Susan S. Lanigan, a director at Simmons First National Corp (SFNC), had restricted stock units vest, resulting in the acquisition of 1,010 shares at $21.22.
  • An additional 337 shares were acquired at the same price due to the vesting of more restricted stock units on the same date.
  • Following these transactions, Lanigan directly owns 25,702 shares of SFNC common stock.
  • 1,010 Restricted Stock Units vest on January 2, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

1,010 Restricted Stock Units vest on January 2, 2025. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability, and other specified events in the award agreement may result in earlier vesting.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry to ensure transparency and compliance with securities regulations.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects insider activity, which is closely monitored for insights into company performance and management confidence.

Key Dates

DateDescription
10/01/2024Restricted Stock Units vested, resulting in the acquisition of 1,010 shares at $21.22.
10/01/2024An additional 337 shares were acquired at $21.22 due to the vesting of more restricted stock units.
01/02/20251,010 Restricted Stock Units vest.
10/03/2024Date of the report filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.