SCHEDULE: Vanguard Reports 0% Stake in Simmons First National Corp

The Vanguard Group filed an amended Schedule 13G, reporting zero beneficial ownership in Simmons First National Corp following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 11 to Schedule 13G for Simmons First National Corp.
• The filing reports 0% beneficial ownership of Common Stock in Simmons First National Corp by The Vanguard Group.
• This change is attributed to an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of The Vanguard Group, Inc. will now report beneficial ownership separately (on a disaggregated basis).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these disaggregated entities.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as neutral for Simmons First National Corp, as the change in beneficial ownership to 0% by The Vanguard Group is attributed to an internal reporting realignment rather than a divestment decision based on the issuer's performance.

Negatives

• The Vanguard Group no longer reports beneficial ownership in Simmons First National Corp, indicating a reduction to 0% of the class, although this is stated to be due to an internal reporting realignment rather than a direct divestment decision.

Future Outlook

No forward-looking statements or guidance regarding Simmons First National Corp's performance or strategy are provided in this filing.

Management Comments

• "On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment."
• "In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release."
• "The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions."

Industry Context

StockSavvy.ai notes that this filing reflects an internal organizational change within The Vanguard Group, a major institutional investor, rather than a direct investment decision regarding Simmons First National Corp. Such realignments can impact how large asset managers report their holdings but do not necessarily indicate a change in investment strategy towards the underlying company by Vanguard's various funds.

Stakeholder Impact

• Shareholders of Simmons First National Corp: May note the institutional ownership change, but the impact is likely minimal given it is a reporting realignment by The Vanguard Group.
• The Vanguard Group's clients: Their underlying holdings in Simmons First National Corp may now be reported by different Vanguard entities, reflecting internal organizational changes.

Key Dates

Keywords

Simmons First National Corp, Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Ownership Change, Internal Realignment