Form 4: Simmons First National Corp Director Steven A. Cosse Reports Stock Transaction

Director Steven A. Cosse reports a transaction involving Simmons First National Corp stock, including the vesting of restricted stock units.

Summary

• On October 1, 2024, Steven A. Cosse, a director of Simmons First National Corp (SFNC), had 1,010 restricted stock units vest at a price of $21.22.
• Following the transaction, Cosse directly owns 87,752 shares of SFNC common stock.
• An additional 1,010 restricted stock units are scheduled to vest on January 2, 2025.
• Shares from the vested restricted stock units will be delivered within 30 days of vesting.

Sentiment

Score: 5

Explanation: This is a routine disclosure of insider transactions, neither particularly positive nor negative.

Future Outlook

An additional 1,010 Restricted Stock Units are scheduled to vest on January 2, 2025; 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 when insiders, such as directors and officers, transact in their company's stock. This provides transparency to the market.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates