Form 4: Simmons First National Corp Executive Ann Madea Reports Stock Transactions
SEC Form 4 Filing
Ann Madea, EVP & CIO of Simmons First National Corp, reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.
Summary
- On October 26, 2024, Ann Madea, EVP & CIO of Simmons First National Corp, had 1,605 restricted stock units vest.
- Following the vesting, 471 shares were disposed of to cover tax obligations at a price of $22.99 per share.
- After these transactions, Madea directly owns 4,483 shares of SFNC Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into executive stock ownership.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/26/2024 | Date of earliest transaction, vesting of restricted stock units |
| 10/29/2024 | Date of signature on the Form 4 |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.