Simmons First (SFNC) director gains 928 shares as restricted stock vests
Rhea-AI Filing Summary
Simmons First National Corp. director reports RSU vesting
On January 2, 2026, Simmons First National Corp. director Edward Drilling reported the vesting and conversion of 928 Restricted Stock Units into 928 shares of SFNC common stock. The filing shows this as a transaction coded "M," meaning the derivative awards were converted, with a reported price of $0 per unit, consistent with stock-based compensation rather than an open-market purchase.
After receiving these shares, Drilling directly held 38,521 shares of SFNC common stock. The footnotes explain that the Restricted Stock Units convert into common stock on a one-for-one basis and that they vested on January 2, 2026, confirming this is a routine equity award vesting for a company director.
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FAQ
What insider transaction did SFNC report for Edward Drilling?
The report shows that Edward Drilling, a director of Simmons First National Corp. (SFNC), had 928 Restricted Stock Units convert into 928 shares of SFNC common stock on January 2, 2026.
How many SFNC shares did Edward Drilling receive from the RSU vesting?
Edward Drilling received 928 shares of SFNC common stock upon the vesting and conversion of 928 Restricted Stock Units.
How many SFNC shares does Edward Drilling own after this Form 4 transaction?
Following the reported transaction, Edward Drilling directly owned 38,521 shares of SFNC common stock.
What are the terms of the Restricted Stock Units reported for SFNC?
The footnotes state that the Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis and that these units vested on January 2, 2026.
Was there any sale of SFNC shares in this insider filing?
No sale is reported. The Form 4 shows a code "M" transaction, indicating the conversion of 928 Restricted Stock Units into 928 shares of SFNC common stock, rather than a market sale.
What role does the reporting person hold at Simmons First National Corp. (SFNC)?
The reporting person, Edward Drilling, is identified as a director of Simmons First National Corp.