Simmons First director exercises 975 RSUs
SIMMONS FIRST NATIONAL CORP director Robert L. Shoptaw increased his holdings through equity compensation.
Rhea-AI Filing Summary
SIMMONS FIRST NATIONAL CORP director Robert L. Shoptaw increased his holdings through equity compensation. On July 1, 2026, 975 Restricted Stock Units vested and converted into 975 shares of SFNC common stock at a stated price of $0.00 per share, raising his direct ownership to 88,381 shares.
These Restricted Stock Units convert into common stock on a one-for-one basis. He also holds 4,800 shares indirectly through an IRA. After this vesting, 1,951 Restricted Stock Units remain outstanding, with 975 scheduled to vest on October 1, 2026 and 976 on January 4, 2027, with shares delivered within 30 days of each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
975 shares exercised/converted
Exercise
3 txns
Insider
Shoptaw Robert L
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 — 88,381 shares (Direct);
SFNC Common Stock — 4,800 shares (Indirect, By 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 vested and converted: 975 shares
Direct holdings after transaction: 88,381 shares
Indirect IRA holdings: 4,800 shares
+4 more
7 metrics
RSUs vested and converted
975 shares
Restricted Stock Units converting to SFNC common stock on July 1, 2026
Direct holdings after transaction
88,381 shares
SFNC common stock held directly by Robert L. Shoptaw following vesting
Indirect IRA holdings
4,800 shares
SFNC common stock held indirectly through an IRA
Remaining RSUs outstanding
1,951 units
Restricted Stock Units remaining after July 1, 2026 vesting
Next RSU vesting tranche
975 units
Restricted Stock Units scheduled to vest on October 1, 2026
Final RSU vesting tranche
976 units
Restricted Stock Units scheduled to vest on January 4, 2027
Exercise price per share
$0.00 per share
Stated transaction price for RSUs converting into SFNC common stock
Key Terms
Restricted Stock Units, IRA, vested, one-for-one basis, +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.
IRA financial
"4,800 shares are reported as held indirectly with nature of ownership noted as By IRA."
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
vested financial
"The Restricted Stock Units vested on July 1, 2026."
one-for-one basis financial
"Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis."
derivative exercise/conversion financial
"Transaction code M is described as Exercise or conversion of derivative security."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Robert L. Shoptaw report at Simmons First (SFNC)?
Robert L. Shoptaw reported the vesting of 975 Restricted Stock Units, which converted into 975 shares of SFNC common stock at a stated price of $0.00 per share, increasing his direct ownership to 88,381 shares.
What are Restricted Stock Units in the Simmons First (SFNC) filing?
Restricted Stock Units in this filing are equity awards that convert into SFNC common stock on a one-for-one basis when they vest. On July 1, 2026, 975 RSUs vested and became 975 shares at a stated price of $0.00 per share.
What future vesting schedule is disclosed for Robert L. Shoptaw’s SFNC Restricted Stock Units?
The filing states that 975 Restricted Stock Units vest on October 1, 2026, and 976 vest on January 4, 2027. SFNC shares corresponding to these units will be delivered within 30 days of each vesting date, subject to specified award-agreement events.
How many Restricted Stock Units remain outstanding for Robert L. Shoptaw at Simmons First (SFNC)?
Following the July 1, 2026 vesting, 1,951 Restricted Stock Units remain outstanding for Robert L. Shoptaw, with 975 scheduled to vest on October 1, 2026 and 976 on January 4, 2027, according to the disclosed vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
