Form 4: Simmons First National Corp Executive George A. Makris III Reports Stock Transaction
SEC Form 4
George A. Makris III, EVP, Gen. Counsel & Corp. Sec of Simmons First National Corp, reports acquisition of shares and beneficial ownership.
Summary
- On April 30, 2024, George A. Makris III, EVP, Gen. Counsel & Corp. Sec of Simmons First National Corp [SFNC], acquired 15,625 shares of SFNC Common Stock at a price of $17.23 per share.
- Following the transaction, Makris directly owns 39,707 shares of SFNC Common Stock.
- Makris also indirectly owns 1,780 shares through his spouse.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions. The purchase itself is mildly positive, suggesting confidence from the executive.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of stock transaction |
| 05/01/2024 | Date of report signature |
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