Garner David W 4

What Happened

• David W. Garner, EVP and Chief Accounting Officer of Simmons First National Corp. (SFNC), had 1,097 restricted stock units (RSUs) vest and convert into common shares on January 19, 2026. The RSUs converted one-for-one into 1,097 shares. To cover tax withholding, 369 of those shares were surrendered/withheld at $19.24 per share (total reported $7,100), leaving a net economic increase of about 728 shares.

Key Details

• Transaction date: January 19, 2026 (reported on Form 4 filed January 21, 2026).
• Primary activity: RSU vesting/conversion (derivative conversion, code M) of 1,097 shares; tax withholding (code F) of 369 shares at $19.24/share = $7,100.
• Exercise/conversion price shown as $0.00 for the derivative conversion (RSUs have no exercise cost).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — RSUs convert one-for-one into common stock; F2 — ownership figure includes 794 shares acquired under the company’s Employee Stock Purchase Plan; F3 — the RSUs vested on January 19, 2026.
• Filing timeliness: Filed Jan 21, 2026 for a Jan 19 transaction (filed within the usual 2-business-day Form 4 window).

Context

• This was not an open-market purchase or sale by choice of market timing but a routine vesting of equity compensation with shares withheld to satisfy tax obligations (a cashless withholding). Such transactions are commonly administrative and do not by themselves signal a change in insider sentiment.