SFNC executive converts RSUs, withholds shares for tax
Simmons First National Corp executive reports equity award activity.
Rhea-AI Filing Summary
Simmons First National Corp executive reports equity award activity. EVP and Chief Credit Risk Officer Stewart Bradley Yaney exercised 1,294 Restricted Stock Units, receiving 1,294 shares of SFNC common stock, and disposed of 366 shares to satisfy tax withholding. After these transactions, Yaney directly holds 19,362 SFNC common shares. An additional 1,294 Restricted Stock Units are scheduled to vest on February 28, 2027, with shares to be delivered within 30 days of vesting, subject to certain events in the award agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,294 shares exercised/converted
Exercise
3 txns
Insider
YANEY STEWART BRADLEY
Role
EVP, Chief Credit Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,294 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 1,294 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | SFNC Common Stock | 366 | $19.91 | $7K |
Holdings After Transaction:
Restricted Stock Units — 1,294 contracts (Direct);
SFNC Common Stock — 19,362 shares (Direct)
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 February 28, 2026.
- F3. 1,294 Restricted Stock Units vest on February 28, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SFNC executive Stewart Bradley Yaney report on this Form 4?
Stewart Bradley Yaney exercised 1,294 Restricted Stock Units into an equal number of SFNC common shares and disposed of 366 shares to cover tax obligations. These transactions reflect equity award vesting and related tax-withholding activity rather than open-market buying or selling.
What happened to Stewart Bradley Yaney’s Restricted Stock Units in this SFNC Form 4 filing?
1,294 Restricted Stock Units vested and were converted into 1,294 shares of SFNC common stock on a one-for-one basis. The filing also notes another 1,294 Restricted Stock Units are scheduled to vest on February 28, 2027, with share delivery within 30 days of that vesting date.
What future equity vesting is disclosed for SFNC executive Stewart Bradley Yaney?
The filing states that 1,294 Restricted Stock Units will vest on February 28, 2027, with SFNC shares delivered within 30 days of vesting. The award agreement also allows earlier vesting upon events such as retirement, death, disability, or other specified circumstances outlined in the grant terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.