Form 4: Simmons First National Corp CEO Reports Stock Transactions

CEO Robert A. Fehlman reports acquisition and disposal of Simmons First National Corp stock and restricted stock units on February 23, 2024.

Summary

• Robert A. Fehlman, CEO of Simmons First National Corporation, filed a Form 4 detailing changes in beneficial ownership.
• On February 23, 2024, Fehlman acquired 3,292 shares of SFNC common stock at $18.91 per share through the vesting of restricted stock units.
• Also on February 23, 2024, Fehlman disposed of 1,441 shares of SFNC common stock at $18.91 per share.
• Following these transactions, Fehlman directly owns 153,223 shares of SFNC common stock and indirectly owns 1,500 shares through his daughter.
• He also directly owns 3,293 restricted stock units, which will vest on February 23, 2025.

Sentiment

Score: 5

Explanation: This is a routine filing reflecting standard executive compensation practices. It doesn't indicate any particularly positive or negative sentiment.

Future Outlook

3,293 Restricted Stock Units vest on February 23, 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

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates the CEO's transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the CEO's holdings.

Key Dates