Form 4: Simmons First National Corp Executive Chairman George Makris Jr. Reports Stock Transactions
SEC Form 4 Filing
George Makris Jr., Executive Chairman of Simmons First National Corp, reports the vesting and subsequent delivery of restricted stock units.
Summary
- On April 22, 2024, George Makris Jr., the Executive Chairman of Simmons First National Corp, reported transactions involving SFNC common stock.
- The transactions involved the vesting of 8,716 restricted stock units at a price of $18.49.
- Following the reported transaction, Makris directly owns 608,347 shares of SFNC common stock.
- Makris also indirectly owns 12,000 shares through a trust, 9,270 shares through an IRA, and 10,990 shares through a spouse's IRA.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
Shares from the vested restricted stock units will be delivered within 30 days of vesting.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This allows investors to track insider sentiment and potential alignment with company performance.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Next Steps
- Delivery of shares within 30 days of vesting.
Key Dates
| Date | Description |
|---|---|
| 04/22/2024 | Date of transaction: Vesting of restricted stock units. |
| 04/24/2024 | Date of signature on the Form 4 filing. |
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.