Form 4: Simmons First National Corp Director Marty Casteel Reports Stock Transactions
SEC Form 4 Filing
Director Marty Casteel reports acquisition and disposal of Simmons First National Corp (SFNC) stock and restricted stock units.
Summary
- On May 12, 2025, Director Marty Casteel engaged in transactions involving Simmons First National Corp (SFNC) stock.
- Casteel acquired 929 shares of SFNC common stock through the vesting of restricted stock units.
- Casteel also disposed of 929 shares of SFNC common stock.
- Following these transactions, Casteel directly owns 207,011 shares of SFNC common stock.
- Casteel also holds 3,715 restricted stock units, each representing a contingent right to receive one share of SFNC common stock.
- These restricted stock units vest in installments on July 1, 2025, October 1, 2025, and January 2, 2026.
- The reporting person has appointed Natalie Gassiott as attorney-in-fact.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock units.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for directors and officers to receive and trade company stock as part of their compensation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of earliest transaction and vesting of 929 Restricted Stock Units. |
| 05/12/2025 | Date of acquisition and disposal of SFNC common stock. |
| 07/01/2025 | Vesting date for 929 Restricted Stock Units. |
| 10/01/2025 | Vesting date for 929 Restricted Stock Units. |
| 01/02/2026 | Vesting date for 928 Restricted Stock Units. |
| 05/14/2025 | Date of signature by attorney-in-fact. |
Keywords
SFNC, Simmons First National Corp, Director, Marty Casteel, Form 4, Stock, Restricted Stock Units, Beneficial Ownership, Transactions
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