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 acquisition and disposal of SFNC common stock related to restricted stock units.
Summary
- On February 23, 2024, George A. Makris, III, an executive at Simmons First National Corp (SFNC), reported transactions involving SFNC common stock.
- Makris acquired 1,210 shares of SFNC common stock at a price of $18.91 per share.
- He also disposed of 413 shares at the same price ($18.91).
- These transactions were related to the vesting of restricted stock units.
- Following these transactions, Makris directly owns 52,353 shares of SFNC common stock and indirectly owns 1,780 shares through his spouse.
- Additionally, he holds 1,210 restricted stock units that will vest on February 23, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The reporting person holds 1,210 restricted stock units that will vest on February 23, 2025, potentially leading to future stock acquisitions.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings, but it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock transactions and vesting of restricted stock units. |
| 02/23/2025 | Date of vesting for remaining 1,210 restricted stock units. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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