Form 4: Simmons First National Corp Executive George A. Makris III Reports Acquisition of Restricted Stock Units

George A. Makris III, EVP, Gen. Counsel & Corp. Sec of Simmons First National Corp, reports acquisition of 5,740 restricted stock units.

Summary

• On March 4, 2025, George A. Makris III, EVP, Gen. Counsel & Corp. Sec of Simmons First National Corp [SFNC], acquired 5,740 restricted stock units (RSUs).
• These RSUs represent a contingent right to receive one share of SFNC common stock per unit.
• Mr. Makris directly owns 43,179 shares of SFNC Common Stock.
• Mr. Makris indirectly owns 1,780 shares of SFNC Common Stock through his spouse.
• The RSUs vest in three tranches: 1,193 on March 4, 2026; 1,193 on March 4, 2027; and 1,194 on March 4, 2028.
• SFNC shares will be delivered to Mr. Makris within 30 days of vesting.
• Earlier vesting may occur due to events such as retirement, death, disability, or other specified events in the award agreement.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of restricted stock units is a standard part of executive compensation and aligns the executive's interests with those of the shareholders.

Positives

• The acquisition of restricted stock units aligns Mr. Makris' interests with those of the shareholders, incentivizing him to work towards the long-term success of the company.

Future Outlook

The reporting person will receive shares of SFNC common stock within 30 days of each vesting date.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of restricted stock units by a key executive could have a slightly positive impact on shareholder confidence.

Key Dates