Form 4: Simmons First National Corp Director Julie L. Stackhouse Reports Stock Unit Activity
SEC Form 4
Director Julie L. Stackhouse reports the vesting and conversion of restricted stock units into Simmons First National Corp (SFNC) common stock.
Summary
- On May 12, 2025, Julie L. Stackhouse, a director of Simmons First National Corp (SFNC), reported transactions involving restricted stock units (RSUs).
- 929 RSUs vested and converted into 929 shares of SFNC common stock.
- Following the transaction, Stackhouse directly owns 13,202 shares of SFNC common stock and 3,715 RSUs.
- The remaining RSUs vest in installments on July 1, 2025 (929 units), October 1, 2025 (929 units), and January 2, 2026 (928 units).
- SFNC shares will be delivered within 30 days of vesting.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document outlines the future vesting schedule for the remaining restricted stock units held by Julie L. Stackhouse.
Industry Context
This filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- Companies like Bank of America (BAC) and JPMorgan Chase (JPM) also regularly file Form 4s when their directors or officers trade company stock.
- The vesting schedule of restricted stock units is a common form of executive compensation, aligning the interests of management with those of shareholders.
Stakeholder Impact
- The vesting of restricted stock units aligns the director's interests with those of shareholders, as their compensation is tied to the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of transaction: vesting of restricted stock units and conversion to common stock |
| 05/12/2025 | 929 Restricted Stock Units vest |
| 07/01/2025 | 929 Restricted Stock Units vest |
| 10/01/2025 | 929 Restricted Stock Units vest |
| 01/02/2026 | 928 Restricted Stock Units vest |
| 05/14/2025 | Date of Form 4 filing |
Keywords
Simmons First National Corp, SFNC, Form 4, Director, Stackhouse, Restricted Stock Units, RSU, Beneficial Ownership, Vesting, Common Stock
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