SIMMONS FIRST NATIONAL CORP (SFNC) director receives 1,522 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIMMONS FIRST NATIONAL CORP director Susan S. Lanigan reported routine equity compensation activity involving restricted stock units (RSUs). On July 1, 2026, RSUs converted into a total of 1,522 shares of SFNC common stock at a conversion price of $0.00 per share, reflecting vested awards rather than open-market purchases.
The footnotes explain that RSUs convert into SFNC common stock on a one-for-one basis and that certain RSUs vested on July 1, 2026, with additional tranches of 547, 975, and 976 RSUs scheduled to vest on future dates, after which shares will be delivered within 30 days of each vesting event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,522 shares exercised/converted
Mixed
4 txns
Insider
LANIGAN SUSAN S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 547 | $0.00 | -- |
| Exercise | Restricted Stock Units | 975 | $0.00 | -- |
| Exercise | SFNC Common Stock | 547 | $0.00 | -- |
| Exercise | SFNC Common Stock | 975 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 547 shares (Direct);
SFNC Common Stock — 35,825 shares (Direct)
Footnotes (1)
- Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis. The Restricted Stock Units vested on July 1, 2026. 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. 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
Shares delivered from RSUs: 1,522 shares
RSU conversion price: $0.00 per share
RSUs vested tranche: 975 RSUs
+4 more
7 metrics
Shares delivered from RSUs
1,522 shares
Total SFNC common shares from RSU vesting on July 1, 2026
RSU conversion price
$0.00 per share
Conversion/exercise price for RSUs into SFNC common stock
RSUs vested tranche
975 RSUs
Restricted Stock Units that vested on July 1, 2026
Additional RSUs vested
547 RSUs
Restricted Stock Units that vested on July 1, 2026
Future vesting RSUs
547 RSUs
Scheduled to vest on October 1, 2026
Future vesting RSUs
975 RSUs
Scheduled to vest on October 1, 2026 per footnote
Future vesting RSUs
976 RSUs
Scheduled to vest on January 4, 2027 per footnote
Key Terms
Restricted Stock Units, derivative security, vested, SFNC Common Stock
4 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.
derivative security financial
"transaction_code_description: 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.
vested financial
"The Restricted Stock Units vested on July 1, 2026."
SFNC Common Stock financial
"SFNC Common Stock listed as the underlying security title for the RSUs."
FAQ
What insider activity did SFNC director Susan S. Lanigan report on this Form 4?
Susan S. Lanigan reported RSU-related transactions converting awards into SFNC common stock. On July 1, 2026, a total of 1,522 shares were delivered at a conversion price of $0.00 per share, reflecting equity compensation vesting rather than open-market buying or selling.
Were there any open-market purchases or sales of SFNC stock in this Form 4?
No open-market purchases or sales are reported. All transactions are coded “M,” indicating exercises or conversions of derivative securities. The director received SFNC shares from vesting RSUs at a $0.00 conversion price, without separate buy or sell trades.
What do the footnotes say about how SFNC Restricted Stock Units work?
The footnotes state that Restricted Stock Units convert into SFNC common stock on a one-for-one basis. Shares are delivered within 30 days of vesting, and events such as retirement, death, disability, or other specified conditions may cause earlier vesting and share delivery.
Does the SFNC Form 4 disclose future vesting schedules for Susan S. Lanigan’s RSUs?
Yes. Footnotes disclose that 547 RSUs vest on October 1, 2026, while 975 RSUs vest on October 1, 2026 and 976 RSUs vest on January 4, 2027. SFNC common shares will be delivered within 30 days after each vesting date, subject to specified events.