YANEY STEWART BRADLEY 4

What Happened

• Bradley Yaney, EVP and Chief Credit Risk Officer of Simmons First National Corp (SFNC), had 986 restricted stock units (RSUs) convert into common shares when they vested on January 19, 2026. The RSUs converted at no exercise price (reported as derivative conversion).
• To satisfy tax withholding, 331 of those shares were withheld/disposed at a reported value of $19.24 per share, totaling $6,368. That leaves approximately 655 shares delivered to Yaney after withholding (986 − 331 = 655). This was an award/vesting event (not an open‑market buy or sell).

Key Details

• Transaction date: January 19, 2026 (filed January 21, 2026 — timely).
• Conversion: 986 RSUs converted to 986 shares (derivative exercise/conversion, reported at $0 exercise price).
• Tax withholding: 331 shares withheld/disposed at $19.24/share for $6,368 (coded F for tax payment/withholding).
• Net shares retained from the vesting: ~655 shares (986 converted − 331 withheld).
• Footnotes: RSUs convert one-for-one into common stock; the RSUs vested on Jan 19, 2026; filing notes inclusion of 72 shares from the company’s Employee Stock Purchase Plan (per footnote).
• Shares owned after transaction: not specified in this Form 4.

Context

• This was a routine equity award vesting and corresponding tax withholding (common with RSU vesting). The conversion was effectively a cashless process for taxes (shares withheld rather than a cash payment), and does not represent an open‑market purchase or a decision to sell remaining shares.