Form 4: Simmons First National Corp: CEO George Makris Jr. Reports Stock Transactions

George Makris Jr., Chairman & CEO of Simmons First National Corp, reports the vesting and conversion of restricted stock units into common stock, along with associated tax withholding.

Summary

• On February 24, 2025, George Makris Jr., Chairman & CEO of Simmons First National Corp (SFNC), reported transactions involving SFNC common stock.
• These transactions included the vesting of 9,076 restricted stock units (RSUs) which converted into shares of SFNC common stock on a one-for-one basis.
• Additionally, 3,926 shares were disposed of to cover tax obligations at a price of $21.43 per share.
• Following these transactions, Makris directly owns 622,822 shares of SFNC common stock.
• Makris also indirectly owns 12,000 shares through a trust, 9,270 shares through an IRA, and 10,990 shares through a spouse's IRA.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders. These filings are closely watched by investors seeking insights into management's confidence in the company's prospects.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in ownership structure.
• The tax withholding impacts the company's cash flow, although likely immaterial.

Key Dates