Simmons First (NASDAQ: SFNC) director adds stock through RSU vesting and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simmons First National Corp director Mark C. Doramus increased his equity-based holdings through compensation-related awards. He acquired 975 shares of SFNC common stock on May 15, 2026 upon the exercise of Restricted Stock Units that convert into common shares on a one-for-one basis, bringing his direct common stock holdings to 59,512 shares.
He also received a grant of 3,901 new Restricted Stock Units, each representing a contingent right to one share of SFNC common stock, resulting in 3,901 Restricted Stock Units outstanding after the grant. Vesting for these units is scheduled in multiple tranches through January 4, 2027, with SFNC shares delivered within 30 days of each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
975 shares exercised/converted
Mixed
3 txns
Insider
DORAMUS MARK C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,901 | $0.00 | -- |
| Exercise | Restricted Stock Units | 975 | $0.00 | -- |
| Exercise | SFNC Common Stock | 975 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,901 shares (Direct, null);
SFNC Common Stock — 59,512 shares (Direct, null)
Footnotes (1)
- Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis. Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock. 975 Restricted Stock Units vest on May 15, 2026; 975 Restricted Stock Units vest on July 1, 2026; 975 Restricted Stock Units vest on October 1, 2026; and 976 Restricted Stock Units vest on January 4, 2027. 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. The Restricted Stock Units vested on May 15, 2026. 975 Restricted Stock Units vest on July 1, 2026; 975 Restricted Stock Units vest on October 1, 2026; and 976 Restricted Stock Units vest on January 4, 2027. 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.
Key Figures
RSUs converted to common stock: 975 shares
New RSU grant: 3,901 units
Common shares held after transactions: 59,512 shares
+2 more
5 metrics
RSUs converted to common stock
975 shares
Restricted Stock Units converting into SFNC common stock on May 15, 2026
New RSU grant
3,901 units
Restricted Stock Units granted representing contingent rights to SFNC common stock
Common shares held after transactions
59,512 shares
Direct SFNC common stock holdings following RSU conversion
RSUs held after grant
3,901 units
Outstanding Restricted Stock Units convertible into SFNC common stock
RSU vesting end date
January 4, 2027
Final scheduled vesting date for RSU tranches, with share delivery within 30 days
Key Terms
Restricted Stock Units, derivative security, contingent right
3 terms
Restricted Stock Units financial
"Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock."
FAQ
What insider transactions did Mark C. Doramus report for SIMMONS FIRST NATIONAL CORP (SFNC)?
Mark C. Doramus reported compensation-related acquisitions only. He acquired 975 SFNC common shares via Restricted Stock Unit conversion and received a new grant of 3,901 Restricted Stock Units, all held directly, with no open-market purchases or sales disclosed.
What Restricted Stock Unit grant did Mark C. Doramus receive from SIMMONS FIRST NATIONAL CORP (SFNC)?
He received a grant of 3,901 Restricted Stock Units tied to SFNC common stock. Each unit represents a contingent right to one share, with vesting scheduled in several tranches through January 4, 2027, followed by share delivery within 30 days after each vesting date.
What is the vesting schedule for Mark C. Doramus’s SIMMONS FIRST NATIONAL CORP (SFNC) Restricted Stock Units?
Footnotes describe multiple vesting dates: tranches of 975 units vest on July 1, 2026 and October 1, 2026, and 976 units vest on January 4, 2027. SFNC delivers common shares within 30 days after each vesting event, subject to certain award agreement conditions.