Form 4: Simmons First National Corp Executive Reports Stock Transaction
SEC Filing
David W. Garner, EVP and Chief Accounting Officer of Simmons First National Corp, reports the vesting and conversion of restricted stock units into common stock.
Summary
- On February 23, 2025, David W. Garner, EVP and Chief Accounting Officer of Simmons First National Corp, had 848 restricted stock units vest and convert into SFNC common stock.
- This transaction is reported on a Form 4 filing with the SEC.
- Following the transaction, Garner directly owns 67,972 shares of SFNC common stock.
- Garner also indirectly owns 6,000 shares through a trust for his mother.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't indicate positive or negative sentiment, but rather a standard process.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Date of earliest transaction: Restricted Stock Units vested and converted to common stock |
| 02/25/2025 | Date of Form 4 filing |
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