Form 4: Simmons First National Corp Executive Reports Stock Transactions
SEC Form 4
Stewart Bradley Yaney, EVP, Chief Credit Risk Officer of Simmons First National Corp, reports the vesting and disposal of restricted stock units.
Summary
- On February 28, 2025, Stewart Bradley Yaney, EVP, Chief Credit Risk Officer of Simmons First National Corp, had 1,294 Restricted Stock Units vest and convert into shares of SFNC common stock on a one-for-one basis.
- Also on February 28, 2025, 366 shares were disposed of to cover tax obligations at a price of $21.97 per share.
- Following these transactions, Yaney directly owns 17,707 shares of SFNC common stock and 2,588 Restricted Stock Units.
- 1,294 Restricted Stock Units vest on February 28, 2026, and another 1,294 vest on February 28, 2027.
- SFNC shares will be delivered within 30 days of vesting.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
1,294 Restricted Stock Units will vest on February 28, 2026, and another 1,294 will vest on February 28, 2027, with SFNC shares to be delivered within 30 days of vesting.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | 1,294 Restricted Stock Units vested and converted into shares of SFNC common stock; 366 shares disposed of for tax obligations. |
| 02/28/2026 | 1,294 Restricted Stock Units vest. |
| 02/28/2027 | 1,294 Restricted Stock Units vest. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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