Form 4: Simmons First National Corp Director Susan S. Lanigan Reports Stock Unit Activity

Director Susan S. Lanigan reports the vesting and conversion of restricted stock units into Simmons First National Corp (SFNC) common stock.

Summary

• On February 3, 2025, Susan S. Lanigan, a director of Simmons First National Corp (SFNC), reported transactions involving restricted stock units.
• 561 restricted stock units vested and were converted into 561 shares of SFNC common stock.
• Lanigan still holds 2,243 restricted stock units, which will vest in installments on April 1, 2025, July 1, 2025, and October 1, 2025.
• The shares will be delivered within 30 days of each vesting date.
• Vesting may accelerate under certain conditions such as retirement, death, or disability.

Sentiment

Score: 5

Explanation: This is a neutral report on insider transactions, with no inherent positive or negative implications for the company's performance.

Future Outlook

The remaining restricted stock units held by Susan S. Lanigan will vest on April 1, 2025, July 1, 2025, and October 1, 2025, subject to the terms of the award agreement.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.

Stakeholder Impact

• The vesting of restricted stock units could have a minor dilutive effect on existing shareholders.

Key Dates