Van Steenberg Christopher J 4
Research Summary
AI-generated summary
Simmons First (SFNC) COO Christopher Van Steenberg Receives RSU Award
What Happened
- Christopher J. Van Steenberg, Chief Operating Officer of Simmons First National Corp (SFNC), was granted 14,786 restricted stock units (RSUs) on January 27, 2026. The filing records the acquisition as a derivative award at $0.00 per unit (reporting value $0 for transfer purposes). This is an equity compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: January 27, 2026; Form 4 filed January 29, 2026 (timely filing within the reporting window).
- Award: 14,786 RSUs, reported at $0.00 per unit in the filing.
- Shares owned after transaction: not disclosed in the provided summary of the filing.
- Footnote F1: Each RSU represents a contingent right to receive one share of SFNC common stock upon vesting.
- Footnote F2: Vesting schedule — 4,928 RSUs vest on Jan 27, 2027; 4,929 RSUs vest on Jan 27, 2028; and 4,929 RSUs vest on Jan 27, 2029. SFNC shares will be delivered within 30 days of each vesting date. Certain events (retirement, death, disability, other specified events) may accelerate vesting.
Context
- These RSUs are a form of deferred equity compensation and do not represent immediate ownership of shares until they vest and are delivered. Such grants are common for executive compensation and do not by themselves indicate a buy or sell signal.