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SFNC (SFNC) CEO James Brogdon logs RSU conversion and tax share disposal

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Brogdon James M

(Last) (First) (Middle)
C/O SIMMONS FIRST NATIONAL CORP.
501 MAIN STREET

(Street)
PINE BLUFF AR 71601

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SIMMONS FIRST NATIONAL CORP [ SFNC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
SFNC Common Stock 02/28/2026 M 7,455 A (1) 64,360 D
SFNC Common Stock 02/28/2026 F 2,107 D $19.91 62,253 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/28/2026 M 7,455 (2) (2) SFNC Common Stock 7,455 $0 7,455(3) D
Explanation of Responses:
1. Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.
2. The Restricted Stock Units vested on February 28, 2026.
3. 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.
/s/ Ambar Quintanilla, attorney-in-fact for James M. Brogdon 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did SFNC President & CEO James M. Brogdon report on this Form 4?

James M. Brogdon reported an equity award vesting and related share movements. 7,455 restricted stock units converted into 7,455 SFNC common shares, followed by a 2,107-share tax-withholding disposition, leaving him with 62,253 directly held common shares after these transactions.

How many Simmons First (SFNC) restricted stock units vested for James M. Brogdon?

On February 28, 2026, 7,455 restricted stock units vested for James M. Brogdon. These units convert into SFNC common stock on a one-for-one basis, resulting in 7,455 new common shares credited to his direct ownership before tax-withholding transactions were applied.

What is the nature of the 2,107-share SFNC stock disposition reported by Brogdon?

The 2,107 SFNC common shares were disposed of in a tax-withholding transaction coded "F". This represents shares withheld at a price of $19.91 per share to satisfy tax liabilities related to the vested equity award, not an open-market sale of stock.

How many SFNC shares does James M. Brogdon own directly after these transactions?

After the reported February 28, 2026 transactions, James M. Brogdon directly owns 62,253 SFNC common shares. This figure reflects the addition of 7,455 shares from restricted stock unit conversion and the 2,107-share tax-withholding disposition recorded on the same date.

Are there additional SFNC restricted stock units scheduled to vest for James M. Brogdon?

Yes. An additional 7,455 restricted stock units are scheduled to vest on February 28, 2027. SFNC shares corresponding to these units will be delivered within 30 days of vesting, subject to earlier vesting upon specified events in the applicable award agreement.

Do SFNC restricted stock units for Brogdon convert into common stock on a one-for-one basis?

Yes. The restricted stock units convert into SFNC common stock at a one-for-one ratio. When units vest, each unit becomes one share of SFNC common stock, as illustrated by the 7,455 units converting into 7,455 shares on February 28, 2026 for James M. Brogdon.
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