Form 4: Simmons First National Corp Director Acquires Shares Through Vesting of Restricted Stock Units

Robert L. Shoptaw, a director at Simmons First National Corp, acquired 1,010 shares of common stock through the vesting of restricted stock units.

Summary

• Robert L. Shoptaw, a director of Simmons First National Corp, acquired 1,010 shares of common stock on January 2, 2025.
• The acquisition was a result of the vesting of restricted stock units.
• The price per share was $21.70.
• Following the transaction, Mr. Shoptaw directly owns 82,716 shares and indirectly owns 4,800 shares through an IRA.
• A limited power of attorney was granted to several individuals to execute SEC filings on behalf of Mr. Shoptaw.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction with positive implications for the director's alignment with the company, but it is not a major event.

Positives

• The vesting of restricted stock units indicates a positive alignment of interests between the director and the company's performance.
• The director's increased shareholding demonstrates confidence in the company's future prospects.

Future Outlook

The shares will be delivered within 30 days of vesting.

Industry Context

This is a routine filing related to insider transactions, which is common in the financial industry.

Comparison to Industry Standards

• Insider transactions are a common occurrence in publicly traded companies, particularly in the financial sector.
• The vesting of restricted stock units is a standard form of compensation for directors and executives.
• The reporting of these transactions via SEC Form 4 is a regulatory requirement for all publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates director confidence in the company.

Next Steps

• The acquired shares will be delivered to Mr. Shoptaw within 30 days of the vesting date.

Key Dates

Keywords

Simmons First National Corp, Robert L. Shoptaw, Director, Stock Acquisition, Restricted Stock Units, SEC Form 4, Beneficial Ownership, Power of Attorney