SFNC counsel reports RSU vesting, tax share disposition
Simmons First National Corp EVP, General Counsel & Corporate Secretary George A. Makris III reported RSU vesting and related share movements.
Rhea-AI Filing Summary
Simmons First National Corp EVP, General Counsel & Corporate Secretary George A. Makris III reported RSU vesting and related share movements. On March 4, 2026, 1,913 Restricted Stock Units were converted into the same number of shares of SFNC common stock at $0.00 per share.
To cover tax obligations, 541 SFNC common shares were disposed of at $20.2100 per share as a tax-withholding transaction, not an open-market sale. After these changes, he directly held 48,483 SFNC common shares and indirectly held 1,780 shares through his spouse.
Footnotes state that RSUs convert one-for-one into common stock, that the RSUs vested on March 4, 2026, correct a prior double-counted 200 shares in an earlier filing, and note that 1,193 RSUs vest on March 4, 2027 and 1,194 RSUs vest on March 4, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,913 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 1,913 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | SFNC Common Stock | 541 | $20.21 | $11K |
| holding | SFNC Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.
- F2. Correction to the amount the Reporting Person owns from Form 4 filed March 4, 2026 which inadvertently reported the same 200 shares acquired under a dividend reinvestment plan twice.
- F3. The Restricted Stock Units vested on March 4, 2026.
- F4. 1,193 Restricted Stock Units vest on March 4, 2027; and 1,194 Restricted Stock Units vest on March 4, 2028. SFNC shares will be delivered to the reporting person within 30 days of vesting. Events such as retirement, death, disability, and other specified events in the award agreement may result in earlier vesting.
FAQ
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What insider transactions did SFNC executive George A. Makris III report on this Form 4?
What future Restricted Stock Unit vesting schedule is disclosed for SFNC executive George A. Makris III?
Did the SFNC Form 4 include any corrections to previously reported holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.