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, reports the vesting and subsequent disposal of restricted stock units.
Summary
- On February 23, 2025, James M. Brogdon, President of Simmons First National Corp, had 2,071 restricted stock units vest and convert into shares of SFNC common stock.
- Following the vesting, Mr. Brogdon disposed of 586 shares to cover tax obligations at a price of $21.62 per share.
- After these transactions, Mr. Brogdon directly owns 37,936 shares of SFNC common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions, with no indication of positive or negative sentiment. It reflects standard compensation practices.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Date of earliest transaction, vesting of restricted stock units, and disposal of shares for tax obligations. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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