Form 4: Simmons First National Corp Executive Brogdon Reports Stock Transactions

James M. Brogdon, President of Simmons First National Corp, reports acquisition and disposal of SFNC common stock and restricted stock units on February 23 and 24, 2024.

Summary

• James M. Brogdon, President of Simmons First National Corp, filed a Form 4 detailing changes in beneficial ownership.
• On February 23, 2024, Brogdon acquired 2,070 shares of SFNC common stock at $18.91 per share through the vesting of restricted stock units and disposed of 596 shares to cover tax obligations.
• On February 24, 2024, Brogdon acquired 1,374 shares of SFNC common stock at $18.91 per share through the vesting of restricted stock units and disposed of 396 shares to cover tax obligations.
• Following these transactions, Brogdon directly owns 29,737 shares of SFNC common stock.
• He also holds 2,071 restricted stock units that will vest on February 23, 2025.

Sentiment

Score: 5

Explanation: This is a routine filing of stock transactions by an insider, so the sentiment is neutral.

Future Outlook

The reporting person holds 2,071 Restricted Stock Units that will vest on February 23, 2025, subject to the terms of the award agreement.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may provide insights to shareholders regarding management's view of the company's stock value.

Key Dates