Home BancShares (HOMB) president adds shares after 20K option exercise and tax withholding

Rhea-AI Filing Summary

HOME BANCSHARES INC President and CLO Kevin Hester reported several compensation-related equity changes. He exercised 20,000 stock options for Common Stock at $21.25 per share and received shares, while 15,637 Common Stock shares were withheld at $27.18 per share to cover tax obligations, which is not an open-market sale.

The filing notes that 10,000 shares of performance-based restricted stock vested since the last report, and he now directly holds 165,903 Common Stock shares. He also holds 105,000 shares of restricted Common Stock and a Performance Stock Option tied to 60,000 Common Stock shares at a $23.32 exercise price, expiring on July 19, 2028.

Insider Trade Summary

20,000 shares exercised/converted

Mixed 6 txns

Insider Hester Kevin

Role President and CLO

Type	Security	Shares	Price	Value
W	Common Stock	1,628	$0.00	--
Exercise	Stock Option	20,000	$0.00	--
Exercise	Common Stock	20,000	$21.25	$425K
Tax Withholding	Common Stock	15,637	$27.18	$425K
holding	Performance Stock Option	--	--	--
holding	Common Stock - Restricted Stock	--	--	--

Holdings After Transaction: Common Stock — 165,903 shares (Direct, null); Stock Option — 0 shares (Direct, null); Performance Stock Option — 60,000 shares (Direct, null); Common Stock - Restricted Stock — 105,000 shares (Direct, null)

Footnotes (1)

1. The reporting person had 10,000 shares of performance based restricted stock vest since the last filing. Restricted Stock granted on May 13, 2024 will vest in 25% installments over four years beginning on the first anniversary of the award date. Restricted Stock granted on January 16, 2026 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date. The option is exercisable in five equal annual installments. The first installment became exercisable on April 21, 2017. The Performance Stock Option awarded on July 19, 2018 is exercisable in five equal annual installments beginning on the first annual anniversary of the date that the performance goal is met. The performance goal was met on March 31, 2021. Therefore, the first installment became exercisable on March 31, 2022.

Key Figures

Options exercised: 20,000 shares Exercise price: $21.25/share Tax-withheld shares: 15,637 shares +5 more

8 metrics

Options exercised 20,000 shares Stock options for Common Stock exercised at $21.25 per share

Exercise price $21.25/share Exercise price for 20,000 Common Stock options

Tax-withheld shares 15,637 shares Common Stock withheld at $27.18 per share for tax obligations

Common Stock holdings 165,903 shares Direct Common Stock owned after latest reported transaction

Restricted stock holdings 105,000 shares Direct restricted Common Stock reported as of this filing

Performance option underlying shares 60,000 shares Underlying Common Stock for Performance Stock Option

Performance option exercise price $23.32/share Exercise price for Performance Stock Option expiring July 19, 2028

Estate-related transfer 1,628 shares Common Stock acquired or disposed by will or laws of descent

Key Terms

tax-withholding disposition, Performance Stock Option, restricted stock, laws of descent and distribution

4 terms

tax-withholding disposition financial

"15,637 Common Stock shares were withheld at $27.18 per share to cover tax obligations, categorized as a tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Performance Stock Option financial

"He also holds a Performance Stock Option tied to 60,000 Common Stock shares at a $23.32 exercise price, expiring on July 19, 2028"

restricted stock financial

"The reporting person had 10,000 shares of performance based restricted stock vest since the last filing"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

laws of descent and distribution financial

"Transaction code W reflects an acquisition or disposition by will or laws of descent and distribution affecting 1,628 Common Stock shares"

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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^*

Hester Kevin

(Last) (First) (Middle)

P.O. BOX 966

(Street)

CONWAY ARKANSAS 72033

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CLO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

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

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

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

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	04/20/2026		M		20,000	A	$21.25	179,912(1)	D
Common Stock	04/20/2026		F		15,637	D	$27.18	164,275	D
Common Stock	04/22/2026		W	V	1,628	A	$0	165,903	D
Common Stock - Restricted Stock								105,000(2)(3)	D

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
Stock Option	$21.25	04/20/2026		M			20,000	(4)	04/20/2026	Common Stock	20,000	$0	0	D
Performance Stock Option	$23.32							(5)	07/19/2028	Common Stock	60,000		60,000	D

Explanation of Responses:

1. The reporting person had 10,000 shares of performance based restricted stock vest since the last filing.

2. Restricted Stock granted on May 13, 2024 will vest in 25% installments over four years beginning on the first anniversary of the award date.

3. Restricted Stock granted on January 16, 2026 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.

4. The option is exercisable in five equal annual installments. The first installment became exercisable on April 21, 2017.

5. The Performance Stock Option awarded on July 19, 2018 is exercisable in five equal annual installments beginning on the first annual anniversary of the date that the performance goal is met. The performance goal was met on March 31, 2021. Therefore, the first installment became exercisable on March 31, 2022.

Remarks:

	/s/ Kevin Hester by Micah Osborne	04/22/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did HOMB executive Kevin Hester report on this Form 4?

Kevin Hester reported exercising 20,000 stock options for Home BancShares Common Stock and a related tax-withholding disposition of 15,637 shares. The filing also records an estate-related transfer of 1,628 shares and updated holdings of restricted stock and performance stock options.

Did HOMB’s Kevin Hester sell shares on the open market in this Form 4?

The filing shows no open-market sale. Instead, 15,637 Common Stock shares were withheld at $27.18 per share to cover tax obligations related to an option exercise, which is categorized as a tax-withholding disposition rather than a discretionary market sale.

How many Home BancShares shares does Kevin Hester hold after these transactions?

After the reported transactions, Kevin Hester directly holds 165,903 shares of Home BancShares Common Stock. He also has 105,000 shares of restricted Common Stock and a Performance Stock Option linked to 60,000 underlying shares, giving him a sizable ongoing equity interest in the company.

What stock options did HOMB’s Kevin Hester exercise and what remains outstanding?

Hester exercised 20,000 stock options for Common Stock at a $21.25 exercise price, converting them into shares. He still holds a Performance Stock Option with a $23.32 exercise price on 60,000 underlying shares that expires on July 19, 2028, providing additional future equity exposure.

What does the tax-withholding disposition mean in Kevin Hester’s HOMB Form 4?

The tax-withholding disposition reflects 15,637 Common Stock shares withheld at $27.18 per share to satisfy tax liabilities tied to the option exercise. This mechanism pays taxes using shares rather than cash and does not represent a voluntary open-market sale by the executive.

What restricted and performance-based awards does HOMB’s Kevin Hester report holding?

The filing notes 10,000 performance-based restricted shares vested since the last report. Hester now holds 105,000 shares of restricted Common Stock plus a Performance Stock Option for 60,000 underlying shares at a $23.32 exercise price, expiring July 19, 2028, aligning compensation with performance.