Form 4: Simmons First National Corp Director Shoptaw Reports Stock Transactions

Director Robert L. Shoptaw reports stock transactions involving Simmons First National Corp, including the vesting of restricted stock units and indirect ownership through an IRA.

Summary

• Robert L. Shoptaw, a director of Simmons First National Corp (SFNC), reported transactions involving SFNC common stock.
• On October 1, 2024, 1,010 restricted stock units vested at a price of $21.22 per share.
• Shoptaw also reported indirect ownership of 4,800 shares through an IRA.
• Following the reported transactions, Shoptaw beneficially owns 81,706 shares of SFNC common stock directly.
• An additional 1,010 restricted stock units are scheduled to vest on January 2, 2025.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides information for investors to interpret.

Future Outlook

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

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 transactions provide transparency to shareholders regarding insider activity.
• The vesting of restricted stock units incentivizes the director.

Key Dates