Form 4: Simmons First National Corp Director Julie L. Stackhouse Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Julie L. Stackhouse, a director of Simmons First National Corp, reports the vesting and disposal of restricted stock units on July 1, 2024.

Summary

  • On July 1, 2024, Julie L. Stackhouse, a director of Simmons First National Corp (SFNC), had 1,010 restricted stock units vest at a price of $17.47.
  • These shares were then disposed of.
  • Following the transaction, Stackhouse directly owns 10,253 shares of SFNC common stock.
  • Stackhouse also holds 2,020 restricted stock units that will vest in the future.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Future Outlook

1,010 Restricted Stock Units vest on October 1, 2024; and 1,010 Restricted Stock Units vest on January 2, 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

This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects insider activity, which is generally monitored for alignment of interests.

Key Dates

DateDescription
07/01/2024Restricted Stock Units vested
07/01/2024Transaction Date
10/01/20241,010 Restricted Stock Units vest
01/02/20251,010 Restricted Stock Units vest
07/03/2024Date of report

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