Form 4: Simmons First National Corp Director Lanigan Reports Stock Unit Vesting
SEC Form 4
Director Susan S. Lanigan reports the vesting of restricted stock units convertible into 561 shares of Simmons First National Corp (SFNC) common stock on April 1, 2025.
Summary
- On April 1, 2025, Susan S. Lanigan, a director of Simmons First National Corp (SFNC), had 561 restricted stock units vest.
- These units convert into SFNC common stock on a one-for-one basis.
- Following the transaction, Lanigan directly owns 27,834 shares of SFNC common stock.
- Lanigan also holds 1,121 derivative securities, specifically restricted stock units.
- 561 Restricted Stock Units vest on July 1, 2025; and 560 Restricted Stock Units vest on October 1, 2025.
- SFNC shares will be delivered within 30 days of vesting.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing regarding stock unit vesting, so the sentiment is neutral.
Future Outlook
The document indicates future vesting dates for additional restricted stock units held by the director.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders, such as directors, in their company's stock.
Stakeholder Impact
- The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.
- The director's continued stock ownership aligns her interests with those of other shareholders.
Next Steps
- SFNC shares will be delivered within 30 days of vesting.
- 561 Restricted Stock Units vest on July 1, 2025.
- 560 Restricted Stock Units vest on October 1, 2025.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | 561 Restricted Stock Units vested. |
| 04/01/2025 | Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis. |
| 07/01/2025 | 561 Restricted Stock Units vest. |
| 10/01/2025 | 560 Restricted Stock Units vest. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
SFNC, Simmons First National Corp, Form 4, Director, Stock Units, Vesting, Lanigan, Beneficial Ownership
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