Form 4: Simmons First National Corp CEO Executes Stock Transactions
SEC Form 4 Filing
Simmons First National Corp CEO, Robert A. Fehlman, exercised stock options and sold shares on November 20, 2024.
Summary
- Robert A. Fehlman, CEO of Simmons First National Corp, engaged in multiple transactions involving the company's stock on November 20, 2024.
- He acquired 15,270 shares of SFNC common stock through the exercise of non-qualified stock options at a price of $22.20 per share.
- Concurrently, he sold 15,270 shares of SFNC common stock at a weighted average price of $24.02 per share, with individual sales ranging from $23.87 to $24.09.
- Following these transactions, Mr. Fehlman directly owns 156,357 shares and indirectly owns 1,500 shares through his daughter.
- He also holds non-qualified stock options for 0 shares after exercising 15,270 options.
Sentiment
Score: 5
Explanation: The document reflects routine insider transactions, which are neither positive nor negative in themselves. The sentiment is neutral.
Industry Context
This is a routine filing for insider transactions and is common for executives who hold stock options as part of their compensation.
Comparison to Industry Standards
- Executive stock option exercises and sales are a common practice across publicly traded companies.
- The reported transactions are within the typical range for executive compensation and stock ownership changes.
- Similar filings can be seen from executives at comparable financial institutions such as Bank of America, JP Morgan Chase, and Wells Fargo.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the volume of shares traded.
- The transactions do not have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/25/2016 | Date of non-qualified stock option grant. |
| 03/25/2017 | Date of non-qualified stock option grant. |
| 03/25/2018 | Date of non-qualified stock option grant. |
| 02/08/2018 | Date of 2-for-1 stock split. |
| 11/20/2024 | Date of stock option exercise and stock sale. |
| 11/21/2024 | Date of Form 4 filing. |
| 03/25/2025 | Expiration date of non-qualified stock options. |
Keywords
Simmons First National Corp, SFNC, Robert A. Fehlman, stock options, stock sale, insider trading, Form 4, executive compensation
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