Simmons First (SFNC) EVP & COO awarded 14,786 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simmons First National Corporation granted Executive Vice President and Chief Operating Officer Christopher J. Van Steenberg 14,786 Restricted Stock Units (RSUs) on January 27, 2026. Each RSU represents a contingent right to receive one share of Simmons First National Corporation common stock.
The RSUs vest in three annual installments: 4,928 RSUs on January 27, 2027, 4,929 RSUs on January 27, 2028, and 4,929 RSUs on January 27, 2029. Shares of SFNC common stock will be delivered within 30 days of each vesting date, with provisions for earlier vesting in events such as retirement, death, disability, or other specified circumstances. Following this grant, Van Steenberg directly holds 14,786 derivative securities in the form of RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Van Steenberg Christopher J
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14,786 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 14,786 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock. 4,928 Restricted Stock Units vest on January 27, 2027; 4,929 Restricted Stock Units vest on January 27, 2028; and 4,929 Restricted Stock Units vest on January 27, 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 report in Christopher J. Van Steenberg’s latest Form 4?
Simmons First National Corporation reported a grant of 14,786 Restricted Stock Units to EVP & Chief Operating Officer Christopher J. Van Steenberg on January 27, 2026. These derivative securities are held directly and convert into common shares upon vesting across three future dates.
How many RSUs did SFNC grant to its EVP & COO Christopher Van Steenberg?
SFNC granted 14,786 Restricted Stock Units to EVP & Chief Operating Officer Christopher J. Van Steenberg. Each RSU represents a contingent right to receive one share of SFNC common stock, giving him potential ownership of an equal number of shares as vesting milestones are reached.
What is the vesting schedule for Christopher Van Steenberg’s 14,786 SFNC RSUs?
The 14,786 RSUs vest in three tranches: 4,928 units on January 27, 2027, 4,929 units on January 27, 2028, and 4,929 units on January 27, 2029. SFNC common shares are delivered within 30 days after each respective vesting date.
Under what conditions could Christopher Van Steenberg’s SFNC RSUs vest earlier?
The RSUs may vest earlier upon events such as retirement, death, disability, or other specified events outlined in the award agreement. These provisions can accelerate vesting before the scheduled dates in 2027, 2028, and 2029, potentially delivering shares sooner to the executive.
How many SFNC derivative securities does Christopher Van Steenberg hold after this Form 4 transaction?
After the reported transaction, Christopher J. Van Steenberg beneficially owns 14,786 derivative securities in the form of Restricted Stock Units. These are held directly and will convert into an equivalent number of SFNC common shares as the units vest over the specified schedule.