[Form 4] Simmons First National Corp Insider Trading Activity

Rhea-AI Filing Summary

Russell William Teubner, a director of Simmons First National Corp. (SFNC), reported purchases of SFNC common stock on 08/07/2025. The Form 4 shows a direct purchase of 2,000 shares at $18.63 and an indirect purchase held by a SEP-IRA of 9,200 shares at $18.62. After the reported activity the filing lists 20,692 shares beneficially owned directly and 53,220 shares beneficially owned indirectly, with an additional indirect holding of 10,660 shares by an IRA shown on the form.

The filing also explains that since the prior report the reporting person transferred 6,884 shares to an ex-spouse pursuant to a domestic relations order. The Form 4 was submitted by an attorney-in-fact on the reporting person's behalf.

Positive

• Acquisitions disclosed: The reporting person acquired a total of 11,200 SFNC shares on 08/07/2025 at approximately $18.62–$18.63.
• Clear breakdown of ownership: The Form shows explicit direct and indirect beneficial ownership totals (20,692 direct; 53,220 indirect).

Negative

• Transfer of shares: The reporting person transferred 6,884 shares to an ex-spouse pursuant to a domestic relations order, reducing prior holdings.
• Some holdings are indirect: Significant portions of reported ownership are held in retirement accounts (SEP-IRA and IRA), which may limit immediate voting or selling flexibility.

Insights

Corporate Governance Expert

Director made small, clear insider purchases and recorded a court-ordered transfer to an ex-spouse.

The reported purchases—2,000 shares directly at $18.63 and 9,200 shares indirectly via a SEP-IRA at $18.62—are straightforward disclosures of insider activity. The filing also documents a transfer of 6,884 shares under a domestic relations order, which is a material change in beneficial ownership for governance records but does not by itself indicate a change in control or corporate strategy. Holdings are split between direct and indirect accounts (including a separate IRA line of 10,660 shares), so control and voting power should be assessed using the specific direct versus indirect tallies shown on the form.

Securities Analyst

Insider purchases are modest in size; disclosure is routine and neutral for investors.

The combined reported acquisitions on 08/07/2025 total 11,200 shares at prices near $18.62–$18.63. Those amounts are clearly disclosed and update beneficial ownership levels to 20,692 shares direct and 53,220 indirect (plus 10,660 by an IRA as listed). The domestic relations transfer of 6,884 shares reduces prior holdings but is properly documented. From a market-materiality perspective, the transactions are informative about insider activity but are not, based on this filing alone, large enough to imply a significant shift in insider conviction or company valuation.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

TEUBNER RUSSELL WILLIAM

(Last) (First) (Middle)

C/O SIMMONS FIRST NATIONAL CORP.

501 MAIN STREET

(Street)

PINE BLUFF AR 71601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SIMMONS FIRST NATIONAL CORP [ SFNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
SFNC Common Stock	08/07/2025		P		2,000	A	$18.63	20,692(1)	D
SFNC Common Stock	08/07/2025		P		9,200	A	$18.62	53,220	I	By SEP-IRA
SFNC Common Stock								10,660	I	By IRA

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Since the date of the reporting person's last ownership report, he transferred 6,884 shares of SFNC common stock from one of his direct accounts to his ex-spouse pursuant to a domestic relations order.

	/s/ Natalie Gassiott, attorney-in-fact for Russell William Teubner	08/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Russell William Teubner report on Form 4 for SFNC?

The Form 4 reports purchases on 08/07/2025 of 2,000 shares directly at $18.63 and 9,200 shares indirectly via a SEP-IRA at $18.62.

How many SFNC shares does the reporting person beneficially own after these transactions?

The filing lists 20,692 shares beneficially owned directly and 53,220 shares beneficially owned indirectly; the form also shows 10,660 shares held by an IRA.

Was there any transfer of shares noted on the Form 4?

Yes. The filing explains the reporting person transferred 6,884 shares to an ex-spouse pursuant to a domestic relations order since the prior ownership report.

What is the reporting person’s relationship to Simmons First National Corp. (SFNC)?

The reporting person, Russell William Teubner, is identified in the form as a Director of Simmons First National Corp.

Who signed or submitted the Form 4 on behalf of the reporting person?

The Form 4 was signed/submitted by Natalie Gassiott, attorney-in-fact for Russell William Teubner.