Simmons First (SFNC) director adds 975 shares and 3,901 new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simmons First National Corp director Russell William Teubner reported compensation-related equity activity, with no open-market buying or selling. On May 15, 2026, he exercised 975 Restricted Stock Units into SFNC common stock at $0.00 per share, bringing his directly held common shares to 23,524. He also received a new grant of 3,901 Restricted Stock Units, each representing the right to receive one SFNC common share on a one-for-one basis. Separately, he continues to hold 43,976 SFNC common shares indirectly through a SEP-IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
975 shares exercised/converted
Mixed
4 txns
Insider
TEUBNER RUSSELL WILLIAM
Role
null
| 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 | -- |
| holding | SFNC Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,901 shares (Direct, null);
SFNC Common Stock — 23,524 shares (Direct, null);
SFNC Common Stock — 43,976 shares (Indirect, By SEP-IRA)
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.
Key Figures
RSUs exercised: 975 units
New RSU grant: 3,901 units
Direct common shares: 23,524 shares
+2 more
5 metrics
RSUs exercised
975 units
Converted into SFNC common stock on May 15, 2026
New RSU grant
3,901 units
Grant of Restricted Stock Units on May 15, 2026
Direct common shares
23,524 shares
Direct SFNC common stock held after transactions
Indirect common shares
43,976 shares
Held indirectly through SEP-IRA after transactions
Future vesting RSUs
975, 975, 976 units
Scheduled to vest on Jul 1, 2026; Oct 1, 2026; Jan 4, 2027
Key Terms
Restricted Stock Units, contingent right, SEP-IRA, vest, +1 more
5 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.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock."
SEP-IRA financial
"total_shares_following_transaction ... direct_or_indirect "I", nature_of_ownership "By SEP-IRA""
vest financial
"975 Restricted Stock Units vest on May 15, 2026; 975 Restricted Stock Units vest on July 1, 2026..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
award agreement financial
"Events such as retirement, death, disability, and other specified events in the award agreement may result in earlier vesting."
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.
FAQ
What insider transactions did SFNC director Russell Teubner report on May 15, 2026?
Russell Teubner reported exercising 975 Restricted Stock Units into SFNC common stock and receiving a new grant of 3,901 Restricted Stock Units. These are compensation-related equity awards, not open-market purchases or sales, and increase his potential future share ownership.
What are the key details of Russell Teubner’s new 3,901 SFNC Restricted Stock Units?
Teubner received 3,901 Restricted Stock Units, each representing a contingent right to one SFNC common share. Vesting is scheduled in tranches on July 1, 2026, October 1, 2026, and January 4, 2027, with shares delivered within 30 days after vesting, subject to award agreement conditions.