Form 4: Simmons First National Corp. Executive James M. Brogdon Reports Stock Transactions
SEC Form 4 Filing
James M. Brogdon, President of Simmons First National Corp., reported the vesting of restricted stock units and subsequent share disposals on January 19, 2025.
Summary
- James M. Brogdon, President of Simmons First National Corp., reported transactions involving the company's stock on January 19, 2025.
- A total of 4,818 restricted stock units vested, converting into common stock at a price of $22.72 per share.
- Following the vesting, 1,617 shares were disposed of, also at $22.72 per share.
- After these transactions, Mr. Brogdon directly owns 36,451 shares of Simmons First National Corp. common stock.
- Additionally, 4,819 restricted stock units are scheduled to vest on January 19, 2026.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing of stock transactions, which is neither positive nor negative in itself.
Future Outlook
An additional 4,819 restricted stock units are scheduled to vest on January 19, 2026, with share delivery within 30 days of vesting.
Industry Context
This is a routine filing related to executive compensation and stock ownership, which is common in publicly traded companies.
Comparison to Industry Standards
- Executive stock transactions are a common practice in publicly traded companies, and the reporting of these transactions via Form 4 is a standard regulatory requirement.
- The vesting of restricted stock units is a typical form of executive compensation, often used to align management's interests with those of shareholders.
- Companies like Bank of America (BAC) and JPMorgan Chase (JPM) also regularly report similar transactions by their executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership changes.
Next Steps
- The next vesting of 4,819 restricted stock units is scheduled for January 19, 2026.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Date of the Limited Power of Attorney. |
| 01/19/2025 | Date of the stock transactions and vesting of restricted stock units. |
| 01/22/2025 | Date of the Form 4 filing. |
| 01/19/2026 | Date of the next vesting of restricted stock units. |
Keywords
Simmons First National Corp, SFNC, stock transaction, restricted stock units, insider trading, Form 4, executive compensation
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