STOCK TITAN

SFNC (SFNC) director Tom Purvis converts 975 RSUs into common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SIMMONS FIRST NATIONAL CORP director Tom E. Purvis acquired 975 shares of SFNC Common Stock on July 1, 2026 through the exercise and conversion of restricted stock units. These restricted stock units convert into common shares on a one-for-one basis and vested on that date. Following the transaction, he holds 41,405 SFNC common shares directly and 1,951 restricted stock units. Additional tranches of 975 and 976 restricted stock units are scheduled to vest on October 1, 2026 and January 4, 2027, with SFNC shares to be delivered within 30 days of each vesting.

Positive

  • None.

Negative

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Insider Purvis Tom E.
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 975 $0.00 --
Exercise SFNC Common Stock 975 $0.00 --
Holdings After Transaction: Restricted Stock Units — 1,951 shares (Direct); SFNC Common Stock — 41,405 shares (Direct)
Footnotes (1)
  1. Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis. The Restricted Stock Units vested 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.
Shares acquired via RSU conversion 975 shares Restricted Stock Units converted into SFNC Common Stock on July 1, 2026
Common shares after transaction 41,405 shares Direct holdings of SFNC Common Stock following July 1, 2026 transaction
Remaining restricted stock units 1,951 units RSU balance after July 1, 2026 vesting
Next RSU vesting tranche 975 units Restricted stock units vesting on October 1, 2026
Final scheduled RSU tranche 976 units Restricted stock units vesting on January 4, 2027
Restricted Stock Units financial
"The Restricted Stock Units vested on July 1, 2026."
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.
one-for-one basis financial
"Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis."
vested financial
"The Restricted Stock Units vested on July 1, 2026."
delivered within 30 days of vesting financial
"SFNC shares will be delivered within 30 days of vesting."
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FAQ

What did SFNC director Tom E. Purvis report on this Form 4?

Tom E. Purvis reported acquiring 975 shares of SFNC Common Stock on July 1, 2026. The shares came from the vesting and conversion of restricted stock units, which are a form of equity compensation rather than an open-market stock purchase.

How did Tom E. Purvis acquire the 975 SFNC shares?

He acquired 975 SFNC shares through the exercise and conversion of restricted stock units. The units convert into SFNC common stock on a one-for-one basis, and this particular grant vested on July 1, 2026, triggering delivery of the shares.

How many SFNC shares does Tom E. Purvis hold after the transaction?

After the transaction, Tom E. Purvis directly holds 41,405 shares of SFNC Common Stock. This reflects his position following the 975-share restricted stock unit conversion reported in the Form 4 insider transaction filing.

How many restricted stock units does Tom E. Purvis still have with SFNC?

Following the July 1, 2026 vesting, Tom E. Purvis holds 1,951 restricted stock units. These remaining units represent additional equity awards that can convert into SFNC common stock according to their scheduled vesting dates and the award agreement terms.

When will Tom E. Purvis’s remaining SFNC restricted stock units vest?

According to the filing, 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 after each vesting date, subject to award agreement conditions.

Was this SFNC Form 4 a market purchase or sale by Tom E. Purvis?

The Form 4 shows a derivative exercise/conversion, not a market trade. The 975 shares came from restricted stock units vesting into SFNC common stock, so there was no open-market buy or sell transaction reported in this filing.
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
SFNC Common Stock07/01/2026M975A(1)41,405D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)07/01/2026M975 (2) (2)SFNC Common Stock975$01,951(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, 2026.
3. 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/ Natalie Gassiott, attorney-in-fact for Tom E. Purvis07/02/2026
** Signature of Reporting PersonDate
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)