Home BancShares CEO reports sale, retains 5.54M shares; unvested awards remain

Rhea-AI Filing Summary

John W. Allison, Chairman & CEO and director of Home BancShares, Inc. (HOMB), reported insider transactions on 08/26/2025. The filing shows a sale of 110,000 shares of common stock at $30.02 per share, leaving 5,540,776 shares directly beneficially owned following the sale. The report also lists dispositions of 156,000 restricted shares and 300,000 performance-based shares. Indirect holdings include 1,605 shares via an IRA, 67,328 via Capital Buyers, 865,360 held by his wife, and 27,323.742 in a 401(k). The filing includes vesting and performance conditions for restricted and performance awards granted in 2023, 2024 and 2025. The form is signed on 08/27/2025.

Positive

• Disclosure compliance: The reporting person timely disclosed the sale under Section 16 with full details.
• Remaining alignment: Significant direct and indirect holdings plus unvested restricted and performance awards preserve long-term alignment with shareholders.

Negative

• Insider sale: Sale of 110,000 shares at $30.02 reduced the reporting person’s direct holdings.
• Large dispositions reported: The form lists dispositions of 156,000 restricted shares and 300,000 performance-based shares, which could reduce near-term award holdings.

Insights

Corporate Governance Expert

TL;DR: Insider sold 110,000 shares and reduced direct holdings; multiple unvested restricted and performance awards remain subject to committee certification.

The sale of 110,000 shares at $30.02 is a straightforward open-market disposition recorded on 08/26/2025. The filing also reports dispositions of restricted stock (156,000) and performance-based shares (300,000), suggesting adjustments to award holdings rather than immediate cashless exercises. Material to governance: awards granted in 2023, 2024 and 2025 retain vesting schedules and performance certification requirements, preserving alignment with long-term compensation design. No indication of change in control or extraordinary transactions is present.

Securities Analyst

TL;DR: Insider liquidity event reduces direct stake slightly; substantial remaining holdings and unvested awards maintain exposure to company performance.

The reported sale at $30.02 decreases direct ownership to 5,540,776 shares while several large indirect holdings and unvested awards persist. Performance awards from 2023-2025 vest only upon compensation committee certification, which ties potential dilution to future performance outcomes. The transaction appears routine and disclosed per Section 16 requirements; there is no explicit evidence in this filing of off-market or related-party transfer activity beyond listed indirect holdings.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ALLISON JOHN W

(Last) (First) (Middle)

P.O. BOX 966

(Street)

CONWAY AR 72033

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HOME BANCSHARES INC [ HOMB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman & CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/26/2025		S		110,000	D	$30.02	5,540,776	D
Common Stock - Restricted Stock								156,000(1)(2)(3)(4)(5)	D
Common Stock - Performance Based								300,000(6)(7)(8)	D
Common Stock								1,605	I	By IRA
Common Stock								67,328	I	By Capital Buyers
Common Stock								865,360	I	By Wife
Common Stock								27,323.742	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted Stock granted on January 20, 2023 will cliff vest on the third anniversary of the award date.

2. Restricted Stock granted on January 19, 2024 will cliff vest on the third anniversary of the award date.

3. Restricted Stock granted on January 20, 2023 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.

4. Restricted stock granted on January 19, 2024 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.

5. Restricted Stock granted on January 17, 2025 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.

6. The Performance Stock awarded on January 20, 2023 will vest in whole or in part after December 31, 2025 upon the certification by the Compensation Committee that certain performance measures have been satisfied.

7. The Performance Stock awarded on January 19, 2024 will vest in whole or in part after December 31, 2026 upon the certification by the Compensation Committee that certain performance measures have been satisfied.

8. The Performance Stock awarded on January 17, 2025 will vest in three equal annual installments, in whole or in part, upon the certification by the Compensation Committee that certain annual performance measures have been satisfied.

Remarks:

	/s/ John W. Allison by Micah Osborne	08/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did John W. Allison report on Form 4 for HOMB?

He reported a sale of 110,000 common shares at $30.02 on 08/26/2025 and listed other dispositions and holdings, with total direct beneficial ownership of 5,540,776 shares following the sale.

How many shares did the insider sell and at what price?

110,000 shares sold at $30.02 per share on 08/26/2025.

Does the filing show unvested awards for the CEO?

Yes. The filing lists 156,000 restricted shares and 300,000 performance-based shares with vesting schedules and performance certification conditions for awards granted in 2023, 2024 and 2025.

What indirect holdings are disclosed by the reporting person?

Indirect holdings include 1,605 shares by IRA, 67,328 by Capital Buyers, 865,360 by wife, and 27,323.742 by a 401(k).

When was the Form 4 signed?

The form was signed on 08/27/2025.