Simmons First (SFNC) Insider Eugene Hunt Adds Shares via RSU Vesting

Rhea-AI Filing Summary

Form 4 filing overview – Simmons First National Corp. (SFNC)

Director Eugene Hunt reported the conversion of 929 Restricted Stock Units (RSUs) into an equal number of SFNC common shares on 1 July 2025 (transaction code M). Following the transaction, Hunt now directly owns 33,288 common shares and still holds 1,857 unvested RSUs scheduled to vest in two tranches on 1 Oct 2025 (929 units) and 2 Jan 2026 (928 units). RSUs convert 1-for-1 with no cash exercise price, and shares are delivered within 30 days of vesting.

No open-market purchase or sale occurred; the filing reflects routine equity compensation vesting. While insider acquisition of shares can signal alignment with shareholder interests, the 929-share addition is modest relative to SFNC’s total shares outstanding and is therefore unlikely to have a material impact on valuation or liquidity.

Positive

• Director increased direct common-share holdings by 929 shares through RSU conversion, marginally enhancing insider alignment with shareholders.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine RSU vesting; modest insider share increase, largely immaterial for valuation.

The filing documents a standard equity-compensation event. Code M indicates a derivative conversion rather than a discretionary purchase, so it carries less signaling value than an open-market buy. Hunt’s post-transaction stake of 33,288 shares is small versus SFNC’s 129 million shares outstanding (FY-2024). Remaining unvested RSUs (1,857) suggest continued service incentives but add no immediate dilution. From a governance perspective, the director’s equity ownership aligns interests, yet the scale is too small to influence float or market sentiment. Overall, the disclosure is neutral for investment thesis.

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^*

HUNT EUGENE

(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)	33,288	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 Eugene Hunt	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

What did Director Eugene Hunt report in the SFNC Form 4?

He converted 929 RSUs into 929 common shares on 1 July 2025.

How many SFNC shares does Eugene Hunt own after the transaction?

Hunt directly beneficially owns 33,288 common shares.

Are any RSUs still outstanding for Eugene Hunt at SFNC?

Yes, 1,857 RSUs remain, vesting on 1 Oct 2025 (929) and 2 Jan 2026 (928).

Was the transaction an open-market purchase of SFNC stock?

No. The Code M entry indicates conversion of RSUs, not an open-market buy or sale.

Does this Form 4 filing materially affect SFNC’s share count?

No. The 929-share issuance is immaterial relative to SFNC’s total shares outstanding.