80,159 RSUs granted to Simmons First (SFNC) president and CEO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simmons First National Corp. reported that President & CEO James M. Brogdon received an award of 80,159 Restricted Stock Units on January 28, 2026. Each unit represents a right to receive one share of SFNC common stock at no purchase price.
The RSUs vest in three annual installments: 26,719 units on January 28, 2027, and 26,720 units on each of January 28, 2028 and January 28, 2029, with SFNC shares delivered within 30 days of vesting and potential for earlier vesting upon certain events. Following this grant, Brogdon directly holds 56,905 shares of SFNC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brogdon James M
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 80,159 | $0.00 | -- |
| holding | SFNC Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 80,159 shares (Direct);
SFNC Common Stock — 56,905 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock. 26,719 Restricted Stock Units vest on January 28, 2027; 26,720 Restricted Stock Units vest on January 28, 2028; and 26,720 Restricted Stock Units vest on January 28, 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 insider transaction did SFNC President & CEO James M. Brogdon report?
James M. Brogdon reported receiving 80,159 Restricted Stock Units from Simmons First National Corp. on January 28, 2026. Each unit represents a contingent right to one share of SFNC common stock, awarded at a price of $0 per unit as equity compensation.
How do the 80,159 RSUs granted to SFNC’s CEO vest over time?
The 80,159 Restricted Stock Units vest in three tranches: 26,719 units on January 28, 2027, and 26,720 units on each of January 28, 2028 and January 28, 2029. Shares are delivered within 30 days of each vesting date, subject to specified events.
What does each Restricted Stock Unit granted to the SFNC CEO represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock. The units convert into SFNC shares upon vesting, providing stock-based compensation rather than immediate cash, with terms outlined in the underlying award agreement.
Are there conditions that could change the RSU vesting schedule for SFNC’s CEO?
Yes. While the RSUs are scheduled to vest annually from 2027 through 2029, events such as retirement, death, disability, or other specified events in the award agreement may result in earlier vesting. These conditions are part of the standard terms governing the equity grant.