Simmons First (NASDAQ: SFNC) director adds 975 shares, granted 3,901 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simmons First National Corp director William E. Clark II reported routine equity-compensation activity. On May 15, 2026, 975 Restricted Stock Units converted into 975 shares of SFNC common stock on a one-for-one basis, increasing his direct holdings to 37,790 shares. He also received a new grant of 3,901 Restricted Stock Units, which vest in scheduled tranches through early 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
975 shares exercised/converted
Mixed
3 txns
Insider
CLARK WILLIAM E II
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,901 | $0.00 | -- |
| Exercise | Restricted Stock Units | 975 | $0.00 | -- |
| Exercise | SFNC Common Stock | 975 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,901 shares (Direct, null);
SFNC Common Stock — 37,790 shares (Direct, null)
Footnotes (1)
- Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis. Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock. 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. The Restricted Stock Units vested 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.
FAQ
What transactions did SFNC director William E. Clark II report on this Form 4?
He reported one RSU conversion and one RSU grant. 975 RSUs converted into 975 SFNC common shares, and he received a new award of 3,901 RSUs as part of his equity compensation program.
What are the key details of the new 3,901 Restricted Stock Units granted to the SFNC director?
The grant consists of 3,901 RSUs, each representing a contingent right to one SFNC share. These RSUs vest in multiple tranches, and SFNC shares will be delivered within 30 days of each vesting date, subject to specified events in the award agreement.
When will William E. Clark II’s remaining SFNC Restricted Stock Units vest?
Footnotes state that 975 RSUs vest on July 1, 2026, another 975 vest on October 1, 2026, and 976 RSUs vest on January 4, 2027. SFNC shares tied to these units are delivered within 30 days after each vesting date.
How do SFNC Restricted Stock Units convert into common stock for William E. Clark II?
Each Restricted Stock Unit converts into one share of SFNC common stock on a one-for-one basis. Upon vesting, the company delivers the corresponding SFNC shares, generally within 30 days, reflecting equity-based compensation rather than an open-market purchase.