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

Sentiment:

SEC Form 4 Filing


James M. Brogdon, President of Simmons First National Corp, reports the vesting and conversion of restricted stock units into common stock, along with a disposition of shares to cover tax obligations.

Summary

  • On April 26, 2025, James M. Brogdon, President of Simmons First National Corp, had 4,000 restricted stock units vest and convert into 4,000 shares of SFNC common stock.
  • Brogdon also disposed of 1,131 shares of SFNC common stock at a price of $18.48 to satisfy tax obligations related to the vesting of the restricted stock units.
  • Following these transactions, Brogdon directly owns 46,153 shares of SFNC common stock and 4,000 restricted stock units that will vest on April 26, 2026.

Sentiment

Score: 5

Explanation: The document reflects standard insider trading activity related to equity compensation, with no indication of unusual or concerning behavior. It's a neutral event.

Future Outlook

4,000 Restricted Stock Units vest on April 26, 2026, with SFNC shares to be delivered within 30 days of vesting. Earlier vesting may occur 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. It's a standard practice in publicly traded companies to ensure compliance with SEC regulations.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders, as they represent a small percentage of the total outstanding shares.

Key Dates

DateDescription
04/26/2025Restricted Stock Units vested and converted into shares of SFNC common stock.
04/26/2025Disposition of shares to cover tax obligations.
04/26/20264,000 Restricted Stock Units vest.
04/29/2025Date of signature for the Form 4 filing.

Keywords

SFNC, Simmons First National Corp, Insider Trading, Form 4, Stock Options, Restricted Stock Units, James M. Brogdon, Beneficial Ownership

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