SFNC (SFNC) EVP David Garner exercises RSUs and disposes shares for taxes

Rhea-AI Filing Summary

Simmons First National Corp executive David W. Garner, EVP and Chief Accounting Officer, reported equity compensation activity. On February 28, 2026, 1,374 Restricted Stock Units were exercised into 1,374 shares of SFNC common stock at $0.00 per share, reflecting a derivative exercise rather than an open-market purchase. The filing also shows a tax-withholding disposition of 389 SFNC common shares at $19.91 per share on the same date, leaving 74,852 SFNC shares held directly. Footnotes state the Restricted Stock Units vested on February 28, 2026 and that an additional 1,374 units are scheduled to vest on February 28, 2027. The report also notes 6,000 SFNC shares held indirectly through a trust identified as “By Trust (Mother).”

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

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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^*

Garner David W

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

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	02/28/2026		M		1,374	A	(1)	75,241	D
SFNC Common Stock	02/28/2026		F		389	D	$19.91	74,852	D
SFNC Common Stock								6,000	I	By Trust (Mother)

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)	02/28/2026		M			1,374	(2)	(2)	SFNC Common Stock	1,374	$0	1,374(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 February 28, 2026.

3. 1,374 Restricted Stock Units vest on February 28, 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/ Ambar Quintanilla, attorney-in-fact for David W. Garner	03/03/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did SFNC executive David W. Garner report on this Form 4?

David W. Garner reported exercising 1,374 Restricted Stock Units into 1,374 SFNC common shares at $0.00 per share and a tax-withholding disposition of 389 common shares at $19.91 per share, both dated February 28, 2026, as part of equity compensation activity.

How many Simmons First National (SFNC) shares does David W. Garner hold after these transactions?

After the reported transactions, David W. Garner directly holds 74,852 SFNC common shares. The filing also discloses 6,000 additional SFNC shares held indirectly through a trust described as “By Trust (Mother),” reflecting both direct and indirect beneficial ownership positions.

What does the RSU exercise reported by SFNC’s David W. Garner represent?

The RSU exercise reflects 1,374 Restricted Stock Units converting into 1,374 SFNC common shares on a one-for-one basis at $0.00 per share. This is a derivative exercise related to vested equity awards, rather than an open-market stock purchase by the executive.

Why were 389 SFNC shares disposed of in David W. Garner’s Form 4 filing?

The 389 SFNC common shares were disposed of at $19.91 per share to satisfy tax obligations tied to the equity award. The transaction is coded “F,” indicating payment of exercise price or tax liability by delivering already-owned or newly-issued securities.

What future vesting is disclosed for SFNC executive David W. Garner’s Restricted Stock Units?

The filing notes that 1,374 additional Restricted Stock Units are scheduled to vest on February 28, 2027, with SFNC shares to be delivered within 30 days of vesting. Footnotes state that events like retirement, death, or disability may result in earlier vesting.

How do the Restricted Stock Units convert into SFNC common stock for David W. Garner?

The Restricted Stock Units convert into SFNC common stock on a one-for-one basis, meaning each unit becomes one share. This conversion occurs upon vesting, with the reported 1,374 units already vested on February 28, 2026 and a further 1,374 units scheduled to vest in 2027.