Form 4: Simmons First National Corp Director Russell William Teubner Reports Stock Transactions

Director Russell William Teubner reports acquisition of 1,010 shares of SFNC common stock through vesting of restricted stock units and adjustments to holdings in various IRA accounts.

Summary

• On October 1, 2024, Russell William Teubner, a director of Simmons First National Corp (SFNC), acquired 1,010 shares of SFNC common stock at a price of $21.22 per share due to the vesting of restricted stock units.
• Following the transaction, Teubner directly owns 18,658 shares.
• Teubner also indirectly owns shares through various IRA accounts and a spousal IRA, totaling 67,548 shares.
• 1,010 Restricted Stock Units vest on January 2, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects routine stock transactions by a company insider. The vesting of restricted stock units is a common practice.

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, with share delivery expected within 30 days of vesting. Earlier vesting may occur under certain conditions outlined in the award agreement.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates