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

CEO George Makris Jr. reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of Simmons First National Corp stock.

Summary

• On March 1, 2025, George Makris Jr., Chairman & CEO of Simmons First National Corp, had 19,968 restricted stock units vest.
• These units converted into shares of SFNC common stock on a one-for-one basis.
• Following the vesting, 8,637 shares were withheld for tax purposes at a price of $21.97 per share.
• After these transactions, Makris directly owns 634,153 shares of SFNC common stock.
• He also indirectly owns 12,000 shares through a trust, 9,270 shares through an IRA, and 10,990 shares through his spouse's IRA.
• An additional 19,968 Restricted Stock Units vest on March 1, 2026, and 19,969 Restricted Stock Units vest on March 1, 2027.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about insider activity.

Future Outlook

Additional restricted stock units will vest on March 1, 2026 (19,968 units) and March 1, 2027 (19,969 units).

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in stock transactions by company insiders. They provide insights into management's perspective on the company's stock and are closely monitored by investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the CEO's holdings.
• Employees holding similar stock options may see this as a standard part of their compensation.

Key Dates