Simmons First director exercises 2,008 RSUs
Simmons First National Corp director Mark C. Doramus reported compensation-related stock activity.
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Form Type
4
Rhea-AI Filing Summary
Simmons First National Corp director Mark C. Doramus reported compensation-related stock activity. On July 1, 2026, restricted stock units vested and converted into SFNC common stock, resulting in acquisitions of 975 and 1,033 shares through derivative exercises coded "M" at $0.00 per share.
The vested restricted stock units convert into SFNC common stock on a one-for-one basis. Footnotes indicate additional RSUs are scheduled to vest on October 1, 2026 and January 4, 2027, with SFNC shares to be delivered within 30 days of each vesting, subject to earlier vesting upon certain events.
Insider Trade Summary
2,008 shares exercised/converted
Exercise
4 txns
Insider
DORAMUS MARK C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,033 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 975 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 1,033 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 975 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,984 contracts (Direct);
SFNC Common Stock — 61,520 shares (Direct)
Footnotes (4)
- F1. Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.
- F2. The Restricted Stock Units vested on July 1, 2026.
- F3. 1,033 Restricted Stock Units vest on October 1, 2026. 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.
- F4. 975 Restricted Stock Units vest on October 1, 2026; and 976 Restricted Stock Units vest on January 4, 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.
Key Figures
RSU exercise 1: 975 shares
RSU exercise 2: 1,033 shares
Total RSU shares exercised: 2,008 shares
+1 more
4 metrics
RSU exercise 1
975 shares
SFNC common stock acquired via RSU exercise on July 1, 2026
RSU exercise 2
1,033 shares
SFNC common stock acquired via RSU exercise on July 1, 2026
Total RSU shares exercised
2,008 shares
Exercise or conversion of derivative securities reported in transaction summary
Exercise transactions
2 exercises
transactionSummary exerciseCount for derivative exercises (code M)
Key Terms
Restricted Stock Units, exercise or conversion of derivative security, vested, derivative
4 terms
Restricted Stock Units financial
"Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
vested financial
"The Restricted Stock Units vested on July 1, 2026."
derivative financial
"transaction_type: derivative"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Mark C. Doramus report for SIMMONS FIRST NATIONAL CORP (SFNC)?
Mark C. Doramus reported exercises of restricted stock units that vested on July 1, 2026. These derivative exercises converted into SFNC common stock, adding 975 and 1,033 shares as part of his equity compensation rather than open-market purchases or sales.
What does transaction code "M" mean in the SFNC Form 4 for Mark C. Doramus?
Transaction code "M" indicates the exercise or conversion of a derivative security into common stock. In this SFNC filing, it reflects restricted stock units vesting and converting one-for-one into SFNC common shares, representing compensation events rather than open-market buying or selling.
Were the SIMMONS FIRST NATIONAL CORP (SFNC) insider transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. They were coded as "M" exercises of restricted stock units, meaning previously granted equity awards vested and automatically converted into SFNC common stock at $0.00 per share as part of compensation arrangements.
What future vesting events are disclosed for SFNC restricted stock units held by Mark C. Doramus?
The footnotes state that 1,033 restricted stock units vest on October 1, 2026, while 975 and 976 restricted stock units vest on October 1, 2026 and January 4, 2027. SFNC shares will be delivered within 30 days of each vesting, with potential earlier vesting upon specified events.
How do restricted stock units convert into SFNC common stock for this insider?
The footnotes specify that restricted stock units convert into shares of SFNC common stock on a one-for-one basis. When the RSUs vest, corresponding SFNC shares are delivered, as seen in the July 1, 2026 vesting that produced 975 and 1,033 common shares for the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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