[Form 4] Simmons First National Corp Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filing for Simmons First National Corp. (SFNC) discloses that director Edward Drilling converted 929 Restricted Stock Units (RSUs) into an equal number of SFNC common shares on 1 July 2025 (Transaction Code M). The new shares were added to his direct holdings, bringing his total directly owned common stock to 36,664 shares. After the conversion, Drilling still holds 1,857 un-vested RSUs; 929 of these are scheduled to vest on 1 October 2025 and 928 on 2 January 2026. No open-market purchases or sales took place, and no cash price was involved in the conversion, so there is no immediate cash flow or valuation impact to the company. The transaction appears to be part of the routine equity-compensation schedule and does not alter the company’s capital structure.

Insights

Securities Analyst

TL;DR: Routine RSU vesting; neutral impact.

The filing shows a standard equity-compensation event: 929 RSUs vested and converted into common shares, increasing the director’s direct stake to 36,664 shares. There were no open-market sales, so supply-demand dynamics for SFNC stock remain unchanged. The remaining 1,857 RSUs will vest over the next six months, indicating continued alignment of management incentives with shareholders. Because the share count involved is immaterial relative to SFNC’s total shares outstanding, the event should be viewed as administratively neutral for investors.

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

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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^*

STACKHOUSE JULIE L

(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)
07/01/2025

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	07/01/2025		M		929	A	(1)	14,131	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	07/01/2025		M			929	(2)	(2)	SFNC Common Stock	929	$0	1,857(3)	D

Explanation of Responses:

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

2. The Restricted Stock Units vested on July 1, 2025.

3. 929 Restricted Stock Units vest on October 1, 2025; and 928 Restricted Stock Units vest on January 2, 2026. 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/ Ambar Quintanilla, attorney-in-fact for Julie L. Stackhouse	07/03/2025
	** 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

How many SFNC shares did Edward Drilling acquire in this Form 4 filing?

He received 929 shares through the conversion of vested Restricted Stock Units.

What is Edward Drilling’s total direct share ownership after the transaction?

Following the conversion, he directly owns 36,664 SFNC shares.

Were any SFNC shares sold on the open market in this filing?

No. The filing reflects a conversion (Code M), not an open-market sale or purchase.

How many un-vested RSUs does the director still hold?

He retains 1,857 RSUs scheduled to vest on 1 Oct 2025 (929 units) and 2 Jan 2026 (928 units).

Does this Form 4 signal any change in Simmons First National Corp.’s capital structure?

No material change; the issuance involves a routine equity award conversion and is immaterial relative to total shares outstanding.