SFNC Insider Filing: 929 RSUs Converted to Shares for Director
Rhea-AI Filing Summary
This Form 4 reports insider transactions for Simmons First National Corp (SFNC) by reporting person William E. Clark II, a director. On 10/01/2025 929 restricted stock units (RSUs) vested and were reported as acquired; the filing records 928 additional RSUs scheduled to vest on 01/02/2026 with shares to be delivered within 30 days of vesting. After the reported transaction the filing shows 35,887 shares beneficially owned. The filing was signed by an attorney-in-fact on 10/03/2025. The document discloses vesting mechanics including one-for-one conversion of RSUs and accelerated vesting triggers such as retirement, death, or disability.
Positive
- 929 RSUs vested on 10/01/2025, converting one-for-one into common shares
- Beneficial ownership reported at 35,887 shares, providing clear insider holdings disclosure
Negative
- None.
Insights
TL;DR: Director William E. Clark II had 929 RSUs vest, raising his reported holdings to 35,887 shares.
The filing shows vested restricted stock units converting one-for-one into common shares on 10/01/2025. This is a routine compensation settlement rather than an open-market purchase or sale, and the report notes remaining 928 RSUs set to vest on 01/02/2026.
This disclosure affects share counts and insider ownership metrics because vested RSUs increase outstanding insider-held shares immediately upon conversion; the form also specifies conditions that may accelerate vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 929 | $0.00 | -- |
| Exercise | SFNC Common Stock | 929 | $0.00 | -- |
Footnotes (1)
- Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis. The Restricted Stock Units vested on October 1, 2025. 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.