Groves Tina M 4

What Happened

• Tina M. Groves, Chief Risk Officer of Simmons First National Corp. (SFNC), had 2,275 restricted stock units (RSUs) convert into common shares on January 19, 2026.
• To cover tax withholding, 1,082 of those shares were surrendered at $19.24 per share for a tax payment of $20,818. After withholding, Groves retained 1,193 shares (2,275 vested minus 1,082 withheld).
• The filing shows the RSU conversion as a derivative exercise/conversion (form code M) and the withholding as a tax-payment disposition (form code F).

Key Details

• Transaction date: January 19, 2026 (vest date).
• Tax withholding: 1,082 shares withheld at $19.24/share = $20,818.
• RSUs converted: 2,275 shares (one-for-one conversion per footnote).
• Net shares retained from the vesting: 1,193 shares.
• Footnotes: F1 — RSUs convert one-for-one into SFNC common stock. F2 — The RSUs vested on January 19, 2026.
• Filing date: January 21, 2026 (filed within two business days of the transaction; appears timely).
• Shares owned after transaction: not specified in the information provided in this summary.

Context

• This was an RSU vesting event (award conversion), not an open-market purchase or discretionary sale. The F-code entry reflects shares withheld to pay tax withholding obligations rather than a cash sale; such withholdings are routine and do not necessarily signal a change in insider sentiment.
• The M-code entries reflect conversion/exercise of a derivative (RSUs) with no exercise price. The small cash value reported relates only to the tax withholding.