Form 4: Simmons First National Corp Director Edward Drilling Reports Stock Transactions
SEC Form 4 Filing
Director Edward Drilling reports the vesting of restricted stock units and subsequent acquisition of Simmons First National Corp (SFNC) common stock.
Summary
- On October 1, 2024, Edward Drilling, a director of Simmons First National Corp (SFNC), acquired 1,010 shares of SFNC common stock.
- This acquisition resulted from the vesting of restricted stock units.
- The price per share was $21.22.
- Following the transaction, Drilling directly owns 33,796 shares of SFNC common stock.
- Drilling also holds 1,010 restricted stock units that will vest on January 2, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company director, and does not contain information that would significantly impact investor sentiment.
Future Outlook
1,010 Restricted Stock Units vest on January 2, 2025, and SFNC shares will be delivered within 30 days of vesting.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Restricted Stock Units vested, resulting in the acquisition of 1,010 shares of SFNC common stock. |
| 01/02/2025 | 1,010 Restricted Stock Units vest. |
| 10/03/2024 | Date of Form 4 filing. |
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