Simmons First National (SFNC) director awarded new RSUs and shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simmons First National Corp. director Susan S. Lanigan reported equity compensation activity involving restricted stock units (RSUs) and common shares. On February 2, 2026, she received 2,187 RSUs at a price of $0 per unit, each representing a contingent right to one SFNC common share.
On the same date, 546 RSUs vested and were converted into 546 shares of SFNC common stock at $0, increasing her direct common stock holdings to 33,756 shares. Following these transactions, she directly holds 1,640 RSUs outstanding, which are scheduled to vest in three equal tranches of 547 units on April 1, July 1, and October 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
546 shares exercised/converted
Mixed
3 txns
Insider
LANIGAN SUSAN S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,187 | $0.00 | -- |
| Exercise | Restricted Stock Units | 546 | $0.00 | -- |
| Exercise | SFNC Common Stock | 546 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,187 shares (Direct);
SFNC Common Stock — 33,756 shares (Direct)
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. 546 Restricted Stock Units vest on February 2, 2026; 547 Restricted Stock Units vest on April 1, 2026; 547 Restricted Stock Units vest on July 1, 2026; and 547 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. The Restricted Stock Units vested on February 2, 2026. 547 Restricted Stock Units vest on April 1, 2026; 547 Restricted Stock Units vest on July 1, 2026; and 547 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.
FAQ
What did SFNC director Susan S. Lanigan report in this Form 4?
Susan S. Lanigan reported new equity compensation activity, including a grant of restricted stock units and the vesting of previously awarded units. These transactions increased her direct ownership of Simmons First National Corp. common stock and updated her remaining outstanding restricted stock unit balance.
How many restricted stock units did Susan S. Lanigan receive from SFNC?
She received 2,187 restricted stock units on February 2, 2026, at a price of $0 per unit. Each unit represents a contingent right to receive one share of Simmons First National Corp. common stock upon vesting, subject to the award’s terms and conditions.
What happened to Susan S. Lanigan’s restricted stock units on February 2, 2026?
On February 2, 2026, 546 restricted stock units vested and converted into 546 SFNC common shares. At the same time, she received a new grant of 2,187 restricted stock units, updating her total derivative holdings and future vesting schedule with the company.
How many SFNC restricted stock units does Susan S. Lanigan hold after the filing?
Following the reported transactions, she directly holds 1,640 restricted stock units. These remaining units are scheduled to vest in three installments of 547 units each on April 1, July 1, and October 1, 2026, under the award’s vesting terms.
Do Susan S. Lanigan’s SFNC restricted stock units convert into common stock?
Yes. Each restricted stock unit converts into one share of SFNC common stock upon vesting. The shares are scheduled to be delivered within 30 days of each vesting date, subject to provisions for earlier vesting in specified circumstances in the award agreement.