SFNC insider reports 4,000-share RSU vesting, 1,095 withheld at $18.11
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simmons First National Corp (SFNC) executive reports RSU vesting and share delivery. EVP & Chief Operating Officer Christopher J. Van Steenberg acquired 4,000 shares of SFNC common stock on November 12, 2025 upon the vesting of restricted stock units. To satisfy tax obligations, 1,095 shares were withheld at $18.11 per share. Following these transactions, he directly holds 16,405 shares of common stock.
The filing also notes 16,000 unvested restricted stock units remaining, scheduled to vest in four equal installments of 4,000 on November 12 of 2026, 2027, 2028, and 2029. Shares are to be delivered within 30 days of each vesting date, subject to terms such as retirement, death, disability, or other specified events.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,000 shares exercised/converted
Mixed
3 txns
Insider
Van Steenberg Christopher J
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,000 | $0.00 | -- |
| Exercise | SFNC Common Stock | 4,000 | $0.00 | -- |
| Tax Withholding | SFNC Common Stock | 1,095 | $18.11 | $20K |
Holdings After Transaction:
Restricted Stock Units — 16,000 shares (Direct);
SFNC Common Stock — 17,500 shares (Direct)
Footnotes (1)
- Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis. The Restricted Stock Units vested on November 12, 2025. 4,000 Restricted Stock Units vest on November 12, 2026; 4,000 Restricted Stock Units vest on November 12, 2027; 4,000 Restricted Stock Units vest on November 12, 2028; and 4,000 Restricted Stock Units vest on November 12, 2029. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.
FAQ
What did SFNC's COO report on Form 4?
He reported the vesting of restricted stock units and the acquisition of 4,000 SFNC common shares on November 12, 2025.
How many RSUs remain unvested for SFNC's COO?
16,000 restricted stock units remain unvested.
What is the future vesting schedule for the remaining RSUs at SFNC?
4,000 RSUs vest on November 12 of 2026, 2027, 2028, and 2029.