Simmons First director adds shares via RSU awards

Simmons First National Corp director Tom E. Purvis increased his equity stake through equity awards and vesting events.

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Form Type

Rhea-AI Filing Summary

Simmons First National Corp director Tom E. Purvis increased his equity stake through equity awards and vesting events. He exercised 975 Restricted Stock Units into an equal number of SFNC common shares at a stated price of $0.0000 per share, and received a new grant of 3,901 Restricted Stock Units. Following these transactions, he directly holds 40,430 shares of SFNC common stock and 3,901 Restricted Stock Units. Footnotes explain that each Restricted Stock Unit represents a contingent right to receive one SFNC share, with remaining tranches scheduled to vest on July 1, 2026, October 1, 2026, and January 4, 2027, and shares delivered within 30 days of vesting, subject to earlier vesting on certain events.

Insider Trade Summary

975 shares exercised/converted

Exercise 3 txns

Insider Purvis Tom E.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	3,901	$0.00	$0.00
Exercise	Restricted Stock Units	975	$0.00	$0.00
Exercise	SFNC Common Stock	975	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 2,926 contracts (Direct); SFNC Common Stock — 40,430 shares (Direct)

Footnotes (5)

F1. Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.
F2. Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock.
F3. 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.
F4. The Restricted Stock Units vested on May 15, 2026.
F5. 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.

Key Figures

RSUs exercised into shares: 975 shares Exercise price per share: $0.0000/share New RSU grant: 3,901 units +3 more

6 metrics

RSUs exercised into shares 975 shares Restricted Stock Units converted into SFNC common stock

Exercise price per share $0.0000/share Stated price for RSU conversion to common stock

New RSU grant 3,901 units Restricted Stock Units awarded to Tom E. Purvis

Common shares after transactions 40,430 shares Direct SFNC common stock holdings post‑transaction

RSUs after vesting transaction 2,926 units Restricted Stock Units shown following one derivative transaction

RSUs after new grant 3,901 units Total Restricted Stock Units following grant acquisition

Key Terms

Restricted Stock Units, derivative security, contingent right, vest, +1 more

5 terms

Restricted Stock Units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

contingent right financial

"Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock."

vest financial

"975 Restricted Stock Units vest on May 15, 2026; 975 Restricted Stock Units vest on July 1, 2026;"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

award agreement financial

"other specified events in the award agreement may result in earlier vesting."

An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Tom E. Purvis report for SFNC?

Tom E. Purvis reported acquiring SFNC equity through equity awards and vesting. He exercised 975 Restricted Stock Units into common shares and received a new grant of 3,901 Restricted Stock Units, all held directly as part of his director compensation.

How many Simmons First (SFNC) shares does Tom E. Purvis hold after this Form 4?

After these transactions, Tom E. Purvis holds 40,430 shares of SFNC common stock directly. In addition, he holds 3,901 Restricted Stock Units, each representing a contingent right to receive one additional share of SFNC common stock upon vesting and share delivery.

What equity awards did Tom E. Purvis receive in this SFNC Form 4 filing?

The filing shows a grant of 3,901 Restricted Stock Units to Tom E. Purvis. Each unit represents a contingent right to receive one share of SFNC common stock, with vesting and share delivery governed by the award agreement’s schedule and conditions.

How do the Restricted Stock Units for SFNC convert into common stock?

Each Restricted Stock Unit converts into one share of SFNC common stock on a one-for-one basis. The filing notes that units represent a contingent right to receive a share, with SFNC shares delivered within 30 days after the applicable vesting date.

When do Tom E. Purvis’s remaining SFNC Restricted Stock Units vest?

According to the footnotes, remaining Restricted Stock Units vest in tranches on July 1, 2026, October 1, 2026, and January 4, 2027. Shares will be delivered within 30 days of each vesting date, with certain events potentially triggering earlier vesting.

Is Tom E. Purvis buying or selling SFNC shares in this Form 4?

The transactions reflect equity acquisition through derivative exercises and grants, not open-market buying or selling. Purvis exercised 975 Restricted Stock Units into common shares and received 3,901 new Restricted Stock Units as compensation-related awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/19/2026 - 10:35 AM EDT

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Purvis Tom E.

(Last)

(First)

(Middle)

C/O SIMMONS FIRST NATIONAL CORP.

501 MAIN STREET

(Street)

PINE BLUFF

ARKANSAS

71601

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
SFNC Common Stock	05/15/2026		M		975	A	⁽¹⁾	40,430	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	05/15/2026		A		3,901		⁽³⁾	⁽³⁾	SFNC Common Stock	3,901	$0	3,901	D
Restricted Stock Units	⁽¹⁾	05/15/2026		M			975	⁽⁴⁾	⁽⁴⁾	SFNC Common Stock	975	$0	2,926⁽⁵⁾	D

Explanation of Responses:

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

2. Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock.

3. 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.

4. The Restricted Stock Units vested on May 15, 2026.

5. 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.

	/s/ Ambar Quintanilla, attorney-in-fact for Tom E. Purvis	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR