Form 4: Simmons First National Corp CEO Reports Stock Transactions
SEC Form 4 Filing
CEO Robert A. Fehlman reports the vesting and subsequent disposal of shares related to restricted stock units, along with adjustments to his holdings of SFNC common stock.
Summary
- On April 21, 2024, Robert A. Fehlman, CEO of Simmons First National Corporation, reported transactions involving SFNC common stock.
- The transactions included the vesting of 3,322 restricted stock units at a price of $18.4 per share.
- Simultaneously, 1,454 shares were disposed of at $18.4 per share.
- Following these transactions, Fehlman directly owns 156,357 shares of SFNC common stock and indirectly owns 1,500 shares through his daughter.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It's a routine disclosure.
Future Outlook
Shares from the vested restricted stock units will be delivered within 30 days of vesting.
Industry Context
Form 4 filings are routine disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with shareholder interests.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's holdings, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 04/21/2024 | Date of restricted stock units vesting and share disposal. |
| 04/23/2024 | Date of signature on the Form 4 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.