SFNC (SFNC) CEO James Brogdon logs RSU conversion and tax share disposal
Rhea-AI Filing Summary
Simmons First National Corp President & CEO James M. Brogdon reported equity award activity involving restricted stock units and common shares of SFNC.
On February 28, 2026, 7,455 restricted stock units were exercised or converted into 7,455 shares of SFNC common stock, reflecting a one-for-one conversion. These units vested on the same date, increasing his directly held common stock to 64,360 shares immediately after the conversion.
Also on February 28, 2026, 2,107 SFNC common shares were disposed of at $19.91 per share in a transaction coded "F", which represents a tax-withholding disposition to cover tax liabilities related to the award, not an open-market sale. Following this tax withholding, his directly held common stock position was 62,253 shares. A separate award of 7,455 restricted stock units is scheduled to vest on February 28, 2027, with SFNC shares to be delivered within 30 days of that vesting, subject to earlier vesting upon events such as retirement, death, disability, or other specified events in the award agreement.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,455 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 7,455 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | SFNC Common Stock | 2,107 | $19.91 | $42K |
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. 7,455 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.
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