SFNC director exercises 975 RSUs into common stock
Simmons First National Corp director Russell William Teubner reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Simmons First National Corp director Russell William Teubner reported routine equity compensation activity. On July 1, 2026, he exercised restricted stock units to acquire 975 shares of SFNC common stock at $0.00 per share, increasing his directly held common shares to 24,499.
Teubner also reports indirect ownership of 43,976 SFNC common shares through a SEP-IRA. Following the transaction, he holds 1,951 restricted stock units that each convert into one SFNC common share. Footnotes state these units vest on scheduled future dates, with SFNC shares delivered within 30 days of vesting.
Insider Trade Summary
975 shares exercised/converted
Exercise
3 txns
Insider
TEUBNER RUSSELL WILLIAM
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 975 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 975 | $0.00 | $0.00 |
| holding | SFNC Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,951 contracts (Direct);
SFNC Common Stock — 24,499 shares (Direct);
SFNC Common Stock — 43,976 shares (Indirect, By SEP-IRA)
Footnotes (3)
- 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. 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
RSUs exercised: 975 shares
Direct common shares after: 24,499 shares
Indirect common shares: 43,976 shares
+2 more
5 metrics
RSUs exercised
975 shares
Restricted Stock Units converted into SFNC common stock
Direct common shares after
24,499 shares
Direct SFNC common stock ownership after transaction
Indirect common shares
43,976 shares
SFNC common stock held indirectly via SEP-IRA
Remaining RSUs
1,951 units
Restricted stock units outstanding after the reported exercise
Exercise price
$0.00 per share
Price per share for RSUs converting into SFNC common stock
Key Terms
Restricted Stock Units, SEP-IRA, derivative security, beneficial ownership
4 terms
Restricted Stock Units financial
"The Restricted Stock Units vested on July 1, 2026."
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.
SEP-IRA financial
"Indirect ownership of 43,976 shares is reported as By SEP-IRA."
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
beneficial ownership financial
"Indirect holdings through a SEP-IRA are attributed for beneficial ownership reporting."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SFNC director Russell Teubner report on this Form 4?
Russell Teubner reported an equity award event where restricted stock units converted into 975 shares of SFNC common stock at no cost. This reflects the vesting and settlement of stock-based compensation rather than an open-market purchase or sale of shares.
How many restricted stock units does Russell Teubner still hold after this SFNC Form 4?
Following the transaction, Teubner holds 1,951 restricted stock units tied to SFNC common stock. Each unit converts into one share upon vesting, with footnotes describing scheduled vesting dates and SFNC share delivery within 30 days after those vesting events.
Do Russell Teubner’s SFNC restricted stock units convert one-for-one into common shares?
Yes. Footnotes state that each restricted stock unit converts into one share of SFNC common stock. This one-for-one conversion means the remaining 1,951 units, once vested and settled, will result in delivery of an equal number of SFNC common shares to the reporting person.
Are Russell Teubner’s SFNC transactions on this Form 4 open-market buys or sells?
No. The main coded transaction is an exercise of derivative securities, converting 975 restricted stock units into common stock at a stated price of $0.00. There are no open-market purchase or sale codes reported, indicating this is compensation-related rather than trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
