Simmons First (SFNC) director reports RSU vesting and new 3,901-unit grant
Rhea-AI Filing Summary
SIMMONS FIRST NATIONAL CORP director Malynda K. West reported equity compensation activity involving SFNC stock and Restricted Stock Units (RSUs). She acquired 975 shares of SFNC common stock through the exercise/vesting of RSUs. Following this, her directly held SFNC common stock position is 25,824 shares.
The filing also shows derivative entries in the form of RSUs. One RSU award now reflects 2,926 units, each representing a contingent right to receive one SFNC share on a one-for-one basis, and a separate grant added 3,901 new RSUs. Footnotes state that specific RSU tranches of 975, 975, 975 and 976 units are scheduled to vest on future dates, with SFNC shares to be delivered within 30 days of vesting, and that certain events such as retirement, death, or disability could lead to earlier vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,901 | $0.00 | -- |
| Exercise | Restricted Stock Units | 975 | $0.00 | -- |
| Exercise | SFNC Common Stock | 975 | $0.00 | -- |
Footnotes (1)
- Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis. Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock. 975 Restricted Stock Units vest on May 15, 2026; 975 Restricted Stock Units vest on July 1, 2026; 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. The Restricted Stock Units vested on May 15, 2026. 975 Restricted Stock Units vest on July 1, 2026; 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.