SFNC.NASDAQSimmons First National CORP

Form 4: Simmons First National Corp: Officer Brogdon Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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James M. Brogdon, President of Simmons First National Corp, reports the vesting of restricted stock units and subsequent transactions.

Summary

  • On April 26, 2024, James M. Brogdon, President of Simmons First National Corporation, reported transactions involving SFNC Common Stock.
  • 4,000 Restricted Stock Units vested at a price of $17.5, and shares will be delivered within 30 days of vesting.
  • 1,150 shares were disposed of at $17.5.
  • Following these transactions, Brogdon directly owns 33,250 shares of SFNC Common Stock.
  • He also holds 8,000 Restricted Stock Units, with 4,000 vesting on April 26, 2025, and 4,000 vesting on April 26, 2026.
  • Vesting may occur earlier due to events such as retirement, death, disability, or other specified events.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of insider transactions.

Future Outlook

Future vesting of Restricted Stock Units is scheduled for April 26, 2025, and April 26, 2026, with potential for earlier vesting under certain conditions.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

DateDescription
04/26/2024Date of earliest transaction, vesting of 4,000 Restricted Stock Units, and disposal of 1,150 shares.
04/26/2025Vesting date for 4,000 Restricted Stock Units.
04/26/2026Vesting date for 4,000 Restricted Stock Units.
04/30/2024Date of signature for the Form 4 filing.

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