Simmons First (NASDAQ: SFNC) director exercises 975 RSUs and receives 3,901-unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simmons First National Corp director Eugene Hunt reported compensation-related equity activity. On May 15, 2026, 975 Restricted Stock Units (RSUs) converted into 975 shares of SFNC common stock on a one-for-one basis, bringing his direct common stock holdings to 36,120 shares.
Hunt also received a new award of 3,901 RSUs, each representing a contingent right to one SFNC share. After the vesting event, he directly holds 2,926 RSUs. According to the vesting schedule, 975 RSUs vest on July 1, 2026, 975 on October 1, 2026, and 976 on January 4, 2027, with SFNC shares delivered within 30 days of each vesting date. No open-market buys or sells were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
975 shares exercised/converted
Mixed
3 txns
Insider
HUNT EUGENE
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 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,901 shares (Direct, null);
SFNC Common Stock — 36,120 shares (Direct, null)
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 / 975 shares
Common shares held: 36,120 shares
New RSU grant: 3,901 units
+4 more
7 metrics
RSUs exercised
975 units / 975 shares
Restricted Stock Units converted to SFNC common stock on May 15, 2026
Common shares held
36,120 shares
Direct SFNC common stock ownership after transactions
New RSU grant
3,901 units
New Restricted Stock Units awarded, each for one SFNC share
RSUs remaining
2,926 units
Direct RSU holdings after 975-unit vesting and new grant
Future vesting July 1, 2026
975 RSUs
Scheduled vesting tranche with share delivery within 30 days
Future vesting October 1, 2026
975 RSUs
Scheduled vesting tranche with share delivery within 30 days
Future vesting January 4, 2027
976 RSUs
Scheduled vesting tranche with share delivery within 30 days
Key Terms
Restricted Stock Units, contingent right, vest, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock."
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."
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.
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transactions did SFNC director Eugene Hunt report on May 15, 2026?
Eugene Hunt reported an exercise of 975 Restricted Stock Units into 975 shares of Simmons First National Corp common stock and a new grant of 3,901 RSUs. These are compensation-related awards rather than open-market stock purchases or sales.
What new Restricted Stock Units did SFNC grant to director Eugene Hunt?
Simmons First National Corp granted Eugene Hunt 3,901 new Restricted Stock Units. Each RSU represents a contingent right to receive one share of SFNC common stock, subject to vesting conditions described in the award agreement and summarized in the Form 4 footnotes.
What is the vesting schedule for Eugene Hunt’s RSUs at SFNC?
According to the filing, 975 RSUs vest on July 1, 2026, another 975 on October 1, 2026, and 976 on January 4, 2027. SFNC shares linked to these RSUs will be delivered within 30 days after each vesting date, absent earlier vesting events.
How do Eugene Hunt’s RSUs convert into Simmons First National Corp common stock?
Each Restricted Stock Unit converts into one share of SFNC common stock on a one-for-one basis. The conversion occurs upon vesting, and the filing states that SFNC shares will be delivered within 30 days after each vesting date, subject to award agreement terms.