SFNC Form 4: COO acquires 4,000 shares after RSU vest; 1,095 withheld
Simmons First National Corp (SFNC) executive reports RSU vesting and share delivery.
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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,000 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 4,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | SFNC Common Stock | 1,095 | $18.11 | $20K |
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 November 12, 2025.
- F3. 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
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What did SFNC's COO report on Form 4?
How many RSUs remain unvested for SFNC's COO?
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