SFNC CFO exercises RSUs, disposes shares for tax
SIMMONS FIRST NATIONAL CORP EVP & CFO Charles Daniel Hobbs reported routine equity award activity.
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Rhea-AI Filing Summary
SIMMONS FIRST NATIONAL CORP EVP & CFO Charles Daniel Hobbs reported routine equity award activity. On March 4, 2026, 3,548 Restricted Stock Units were exercised and converted into 3,548 shares of SFNC common stock, increasing his directly held common shares to 18,536.
To cover tax obligations, 1,429 SFNC common shares were disposed of at $20.21 per share, leaving 17,107 common shares held directly afterward. Following the vesting, 7,096 Restricted Stock Units remained outstanding, with 3,548 units scheduled to vest on March 4, 2027 and 3,548 units on March 4, 2028, and shares to be delivered within 30 days of each vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,548 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 3,548 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | SFNC Common Stock | 1,429 | $20.21 | $29K |
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 March 4, 2026.
- F3. 3,548 Restricted Stock Units vest on March 4, 2027; and 3,548 Restricted Stock Units vest on March 4, 2028. SFNC shares will be delivered to the reporting person within 30 days of vesting. Events such as retirement, death, disability, and other specified events in the award agreement may result in earlier vesting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SFNC CFO Charles Daniel Hobbs report on this Form 4?
How many SFNC Restricted Stock Units vested for the CFO and when?
What future RSU vesting schedule does the SFNC Form 4 disclose for the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.