Form 4: Steven A. Cosse Reports Stock Transaction in Simmons First National Corp

Director Steven A. Cosse reports the vesting of restricted stock units in Simmons First National Corp.

Summary

• On July 1, 2024, Steven A. Cosse, a director of Simmons First National Corp (SFNC), had 1,010 restricted stock units vest at a price of $17.47.
• Following the transaction, Cosse directly owns 86,742 shares of SFNC common stock.
• Cosse also holds 2,020 restricted stock units that will vest in the future.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock transaction, neither particularly positive nor negative.

Future Outlook

1,010 Restricted Stock Units vest on October 1, 2024; and 1,010 Restricted Stock Units vest on January 2, 2025. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability, and other specified events in the award agreement may result in earlier vesting.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's compensation and investment in the company.

Stakeholder Impact

• The vesting of restricted stock units aligns the director's interests with those of the shareholders.

Key Dates