Form 4: Simmons First National Corp Director Steven A. Cosse Reports Stock Transactions
SEC Form 4
Director Steven A. Cosse reports acquisition and disposal of Simmons First National Corp (SFNC) stock and restricted stock units.
Summary
- On May 12, 2025, Steven A. Cosse, a director of Simmons First National Corp (SFNC), reported transactions involving SFNC common stock and restricted stock units.
- Cosse acquired 929 shares of SFNC common stock through the vesting of restricted stock units.
- Cosse 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: 929 on May 12, 2025; 929 on July 1, 2025; 929 on October 1, 2025; and 928 on January 2, 2026.
- Following the reported transactions, Cosse beneficially owns 89,691 shares of SFNC common stock directly and 2,786 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment.
Future Outlook
The remaining restricted stock units will vest in future installments, potentially increasing Cosse's holdings of SFNC common stock.
Industry Context
Form 4 filings are standard disclosures for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Next Steps
- Delivery of SFNC shares within 30 days of each vesting date for the restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of transaction: acquisition of 929 shares of SFNC common stock and vesting of 929 Restricted Stock Units. |
| 05/12/2025 | Date of vesting of 929 Restricted Stock Units. |
| 07/01/2025 | Vesting date of 929 Restricted Stock Units. |
| 10/01/2025 | Vesting date of 929 Restricted Stock Units. |
| 01/02/2026 | Vesting date of 928 Restricted Stock Units. |
| 05/14/2025 | Date of signature on the Form 4 filing. |
Keywords
SFNC, Simmons First National Corp, Steven A. Cosse, Director, Stock, Restricted Stock Units, Beneficial Ownership, Form 4
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