Simmons First (SFNC) director vests 1,489 RSUs; owns 215,390 shares
Marty Casteel, a director of Simmons First National Corporation (SFNC), reported the vesting and conversion of restricted stock units into common shares.
Rhea-AI Filing Summary
Marty Casteel, a director of Simmons First National Corporation (SFNC), reported the vesting and conversion of restricted stock units into common shares. On 10/01/2025 1,489 restricted stock units (RSUs) vested and were reported as acquired (929 RSUs in one grant and 560 in another), increasing his reported beneficial ownership to 215,390 shares of SFNC common stock. The filing states RSUs convert on a one-for-one basis and that 928 RSUs remain scheduled to vest on 01/02/2026, with shares to be delivered within 30 days of vesting. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Casteel on 10/03/2025.
Positive
- 1,489 RSUs vested on 10/01/2025 (929 and 560 units)
- Beneficial ownership increased to 215,390 shares following the reported transactions
- RSUs convert 1-for-1 into SFNC common stock, per the filing
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | SFNC Common Stock | 929 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 560 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 929 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 560 | $0.00 | $0.00 |
Footnotes (3)
- F1. Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.
- F2. The Restricted Stock Units vested on October 1, 2025.
- F3. 928 Restricted Stock Units vest on January 2, 2026. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SFNC director Marty Casteel report on Form 4?
What is Marty Casteel's relationship to SFNC in this filing?
Was any cash paid for these RSUs according to the Form 4?
Who signed the Form 4 and when was it signed?
AI-generated analysis. How Rhea-AI works. Not financial advice.