SFNC director exercises 975 RSUs into common stock
SIMMONS FIRST NATIONAL CORP director Malynda K. West exercised restricted stock units that vested into common shares.
Rhea-AI Filing Summary
SIMMONS FIRST NATIONAL CORP director Malynda K. West exercised restricted stock units that vested into common shares. On July 1, 2026, 975 Restricted Stock Units converted into 975 shares of SFNC common stock, increasing her directly held common shares to 26,799.
The award remains partly unvested, with additional RSUs scheduled to vest on future dates and deliver SFNC shares within 30 days of each vesting event, subject to conditions such as retirement, death, disability, or other specified events in the award agreement.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting and share delivery for SFNC director.
Director Malynda K. West had 975 Restricted Stock Units convert into SFNC common stock on July 1, 2026. This M-code transaction is an exercise of a derivative security, typical for equity compensation when RSUs vest and settle in shares.
Following the transaction, she directly holds 26,799 shares of SFNC common stock and retains unvested RSUs scheduled to vest on specified future dates. No open‑market buying or selling occurred, so the activity appears as standard compensation rather than a directional trading signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 975 | $0.00 | $0.00 |
| Exercise | SFNC Common Stock | 975 | $0.00 | $0.00 |
Footnotes (3)
- F1. Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.
- F2. The Restricted Stock Units vested on July 1, 2026.
- F3. 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
Key Terms
Restricted Stock Units financial
derivative exercise/conversion financial
vested financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SIMMONS FIRST NATIONAL CORP (SFNC) report for Malynda K. West?
Were the SIMMONS FIRST NATIONAL CORP (SFNC) insider transactions open-market buys or sells?
What Restricted Stock Units remain for Malynda K. West at SIMMONS FIRST NATIONAL CORP (SFNC)?
When will additional SIMMONS FIRST NATIONAL CORP (SFNC) RSUs for Malynda K. West vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.