Form 4: Simmons First National Corp Director Jerry Hunter Reports Stock Transactions
SEC Form 4 Filing
Director Jerry Hunter reports acquisition and disposal of Simmons First National Corp stock and restricted stock units on October 1, 2024.
Summary
- On October 1, 2024, Jerry Hunter, a director of Simmons First National Corp (SFNC), reported transactions involving SFNC common stock and restricted stock units.
- Hunter acquired 1,010 shares of SFNC common stock at a price of $21.22 per share.
- These shares were acquired through the vesting of restricted stock units.
- Following the reported transactions, Hunter beneficially owns 19,450 shares of SFNC common stock.
- 1,010 Restricted Stock Units vest on January 2, 2025, and SFNC shares will be delivered within 30 days of vesting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The vesting of restricted stock units indicates a form of compensation and alignment of interests between the director and the company's performance.
Future Outlook
1,010 Restricted Stock Units vest on January 2, 2025, and 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
This is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of stock and restricted stock unit transactions. |
| 10/03/2024 | Date of signature for the Form 4 filing. |
| 01/02/2025 | Date when additional Restricted Stock Units vest. |
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