Form 4: Simmons First National Director Converts Restricted Stock Units to Common Shares

Julie L. Stackhouse, a Director at Simmons First National Corp., converted 929 Restricted Stock Units into common stock, increasing her direct beneficial ownership.

Summary

• Julie L. Stackhouse, a Director of Simmons First National Corp. (SFNC), reported a transaction on July 1, 2025.
• The transaction involved the conversion of 929 Restricted Stock Units (RSUs) into 929 shares of SFNC common stock on a one-for-one basis.
• Following this transaction, Julie L. Stackhouse beneficially owns 14,131 shares of SFNC Common Stock directly.
• Additionally, 1,857 Restricted Stock Units remain beneficially owned, with 929 units scheduled to vest on October 1, 2025, and 928 units on January 2, 2026.
• SFNC shares related to RSU vesting will be delivered within 30 days of the vesting date, with potential for earlier vesting under specific conditions like retirement, death, or disability.

Sentiment

Score: 6

Explanation: The document reports a routine insider equity vesting, which is a neutral to slightly positive event as it increases the director's direct ownership and aligns interests with shareholders.

Positives

• The conversion of Restricted Stock Units into common stock increases the director's direct ownership in Simmons First National Corp., aligning her interests more closely with shareholders.
• The vesting of equity awards is a routine compensation event, indicating stability in executive compensation practices.

Future Outlook

Future vesting events for Restricted Stock Units are scheduled for October 1, 2025 (929 units) and January 2, 2026 (928 units), with shares to be delivered within 30 days of vesting. Earlier vesting may occur under specific conditions outlined in the award agreement.

Industry Context

This Form 4 filing is a standard disclosure of an insider equity transaction within the financial services industry, reflecting a director's compensation and ownership stake in a publicly traded bank holding company.

Stakeholder Impact

• Shareholders: The increase in a director's direct common stock ownership enhances alignment between management and shareholder interests.

Next Steps

• Delivery of SFNC common shares within 30 days of the July 1, 2025, vesting.
• Vesting of 929 Restricted Stock Units on October 1, 2025.
• Vesting of 928 Restricted Stock Units on January 2, 2026.

Key Dates

Keywords

Simmons First National Corp, SFNC, Form 4, Insider Transaction, Restricted Stock Units, RSU, Common Stock, Director, Equity Vesting, Beneficial Ownership