Form 4: Simmons First National Corp Executive Charles Daniel Hobbs Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


EVP & CFO of Simmons First National Corp, Charles Daniel Hobbs, reports the vesting and disposal of restricted stock units.

Summary

  • Charles Daniel Hobbs, EVP & CFO of Simmons First National Corp, filed a Form 4 on March 4, 2025.
  • The report details transactions involving SFNC common stock and restricted stock units.
  • On February 28, 2025, 3,794 restricted stock units vested and were converted into shares of SFNC common stock.
  • Hobbs disposed of 1,528 shares to cover tax obligations at a price of $21.97 per share.
  • Following these transactions, Hobbs directly owns 4,813 shares of SFNC common stock and 7,588 restricted stock units.
  • 3,794 Restricted Stock Units vest on February 28, 2026; and 3,794 Restricted Stock Units vest on February 28, 2027.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.

Future Outlook

3,794 Restricted Stock Units vest on February 28, 2026; and 3,794 Restricted Stock Units vest on February 28, 2027. SFNC shares will be delivered within 30 days of vesting.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.

Key Dates

DateDescription
02/28/2025Restricted Stock Units vested and converted into shares of SFNC common stock; shares disposed of for tax obligations.
02/28/20263,794 Restricted Stock Units vest.
02/28/20273,794 Restricted Stock Units vest.
03/04/2025Date of Form 4 filing.

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