Form 4: Simmons First National Corp Executive George A. Makris III Reports Stock Transactions
SEC Form 4 Filing
George A. Makris III, EVP, Gen. Counsel & Corp. Sec of Simmons First National Corp, reports the vesting and disposal of restricted stock units and subsequent stock sales on February 28, 2025.
Summary
- On February 28, 2025, George A. Makris III, an executive at Simmons First National Corp (SFNC), had restricted stock units vest and convert into 2,130 shares of SFNC common stock.
- Following the vesting, Makris disposed of 602 shares to cover tax obligations at a price of $21.97 per share.
- After these transactions, Makris directly owns 43,719 shares of SFNC common stock and indirectly owns 1,780 shares through a spouse.
- Makris also holds 4,260 restricted stock units, with 2,130 vesting on February 28, 2026, and 2,130 vesting on February 28, 2027.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The reporting person holds additional restricted stock units that will vest in February 2026 and February 2027, potentially leading to future transactions.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of earliest transaction: Restricted Stock Units vested, shares disposed of for tax obligations. |
| 02/28/2026 | 2,130 Restricted Stock Units vest. |
| 02/28/2027 | 2,130 Restricted Stock Units vest. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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