SFNC director exercises RSUs, receives new RSU grant

SIMMONS FIRST NATIONAL CORP director Edward Drilling reported equity compensation-related transactions involving SFNC Common Stock and Restricted Stock Units.

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Form Type

Rhea-AI Filing Summary

SIMMONS FIRST NATIONAL CORP director Edward Drilling reported equity compensation-related transactions involving SFNC Common Stock and Restricted Stock Units. He exercised 975 shares of Restricted Stock Units into SFNC Common Stock, increasing his directly held common stock position to 39,496 shares.

Drilling also received a grant of 3,901 Restricted Stock Units, each representing a contingent right to receive one share of SFNC common stock. Following these transactions, one RSU award shows 2,926 units outstanding, and another award shows 3,901 units outstanding, all held directly and tied to future vesting conditions.

Insider Trade Summary

975 shares exercised/converted

Exercise 3 txns

Insider DRILLING EDWARD

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	3,901	$0.00	$0.00
Exercise	Restricted Stock Units	975	$0.00	$0.00
Exercise	SFNC Common Stock	975	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 2,926 contracts (Direct); SFNC Common Stock — 39,496 shares (Direct)

Footnotes (5)

F1. Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.
F2. Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock.
F3. 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.
F4. The Restricted Stock Units vested on May 15, 2026.
F5. 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

Common shares after exercise: 39,496 shares RSUs exercised: 975 units New RSU grant: 3,901 units +3 more

6 metrics

Common shares after exercise 39,496 shares SFNC Common Stock held directly following RSU exercise

RSUs exercised 975 units Restricted Stock Units converted into SFNC Common Stock

New RSU grant 3,901 units Restricted Stock Units granted as equity compensation

Remaining RSUs in prior award 2,926 units Restricted Stock Units remaining after 975-unit vesting

Exercise transactions 1 transaction Derivative exercise/conversion events in summary

Total acquire-type transactions 3 transactions All transactions coded as acquisitions on this Form 4

Key Terms

Restricted Stock Units, contingent right, vest, derivative exercise/conversion

4 terms

Restricted Stock Units financial

"The Form 4 shows one Restricted Stock Unit award with 2,926 units remaining after a 975-unit vesting and another new grant of 3,901 units."

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; 975 Restricted Stock Units vest on October 1, 2026; and 976 Restricted Stock Units vest on January 4, 2027."

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 exercise/conversion financial

"transaction_action: derivative exercise/conversion for 975 shares of SFNC Common Stock and related RSUs."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Edward Drilling report for SIMMONS FIRST NATIONAL CORP (SFNC)?

Edward Drilling reported exercising 975 Restricted Stock Units into SFNC Common Stock and receiving a grant of 3,901 additional Restricted Stock Units. These are compensation-related equity awards rather than open-market purchases or sales, and all are held directly in his name.

How many SFNC common shares does Edward Drilling hold after these Form 4 transactions?

After exercising 975 Restricted Stock Units, Edward Drilling holds 39,496 shares of SFNC Common Stock directly. This figure reflects his post-transaction ownership reported in the Form 4 and shows his ongoing equity stake as a director of SIMMONS FIRST NATIONAL CORP.

What Restricted Stock Unit grants does Edward Drilling now hold in SFNC?

The Form 4 shows one Restricted Stock Unit award with 2,926 units remaining after a 975-unit vesting and another new grant of 3,901 units. Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock, subject to vesting conditions.

How do SFNC Restricted Stock Units work for Edward Drilling?

Each SFNC Restricted Stock Unit represents a contingent right to receive one share of common stock on a one-for-one basis. Units vest on specified future dates, and SFNC shares are delivered within 30 days of vesting, with certain events potentially triggering earlier vesting under the award agreement.

Were Edward Drilling’s SFNC transactions open-market buys or sells?

No, the transactions reported are an exercise of Restricted Stock Units and a new grant of Restricted Stock Units. The Form 4 codes M and A indicate derivative exercise/conversion and grant or award acquisition, not open-market purchases or sales of SFNC Common Stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/19/2026 - 10:35 AM EDT

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^*

DRILLING EDWARD

(Last)

(First)

(Middle)

C/O SIMMONS FIRST NATIONAL CORP.

501 MAIN STREET

(Street)

PINE BLUFF

ARKANSAS

71601

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
SFNC Common Stock	05/15/2026		M		975	A	⁽¹⁾	39,496	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	05/15/2026		A		3,901		⁽³⁾	⁽³⁾	SFNC Common Stock	3,901	$0	3,901	D
Restricted Stock Units	⁽¹⁾	05/15/2026		M			975	⁽⁴⁾	⁽⁴⁾	SFNC Common Stock	975	$0	2,926⁽⁵⁾	D

Explanation of Responses:

1. Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.

2. Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock.

3. 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.

4. The Restricted Stock Units vested on May 15, 2026.

5. 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.

	/s/ Natalie Gassiott, attorney-in-fact for Edward Drilling	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR