DORAMUS MARK C 4
4 · SIMMONS FIRST NATIONAL CORP · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
SIMMONS FIRST (SFNC) Director Mark C. Doramus Receives RSU Award
What Happened
Mark C. Doramus, a director of Simmons First National Corp. (SFNC), reported restricted stock unit (RSU) activity on 2026-02-02. The filing shows 4,131 RSUs recorded as an award/acquisition (derivative, $0.00 per unit). On the same date 1,032 RSUs vested and converted into 1,032 shares of common stock; a matching disposition of 1,032 shares was also reported at $0.00 (reported as an exercise/conversion transaction). No cash purchase was involved—these were derivative equity awards converting to common shares.
Key Details
- Transaction date: February 2, 2026; filing date: February 4, 2026 (timely).
- Reported items: 4,131 RSUs awarded (A) at $0.00; 1,032 RSUs vested/converted (M) and 1,032 shares disposed (M) at $0.00.
- Prices/values: award and conversions reported at $0.00 (typical for RSU grants/conversions); no cash value reported in the Form 4 excerpt.
- Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 for total post-transaction holdings.
- Footnotes of note: RSUs convert one-for-one into SFNC common stock (F1/F2); 1,032 RSUs vested on Feb 2, 2026 (F4); remaining RSUs vest in three equal tranches of 1,033 on Apr 1, Jul 1, and Oct 1, 2026, with shares delivered within 30 days of vesting (F3/F5).
Context
RSU awards are a form of compensation, not open-market purchases or sales. The conversion of RSUs to shares is routine compensation recognition. Dispositions reported at $0 in conjunction with RSU vesting often reflect internal settlement actions (for example, shares withheld for taxes or net settlement), but the filing excerpt does not explicitly state the reason for the $0 disposition — consult the full filing for details. This filing appears timely under Form 4 reporting rules.
Insider Transaction Report
- Exercise/Conversion
SFNC Common Stock
[F1]2026-02-02+1,032→ 57,504 total - Award
Restricted Stock Units
[F2][F3]2026-02-02+4,131→ 4,131 total→ SFNC Common Stock (4,131 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4][F5]2026-02-02−1,032→ 3,099 total→ SFNC Common Stock (1,032 underlying)
Footnotes (5)
- [F1]Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of SFNC common stock.
- [F3]1,032 Restricted Stock Units vest on February 2, 2026; 1,033 Restricted Stock Units vest on April 1, 2026; 1,033 Restricted Stock Units vest on July 1, 2026; and 1,033 Restricted Stock Units vest on October 1, 2026. 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.
- [F4]The Restricted Stock Units vested on February 2, 2026.
- [F5]1,033 Restricted Stock Units vest on April 1, 2026; 1,033 Restricted Stock Units vest on July 1, 2026; and 1,033 Restricted Stock Units vest on October 1, 2026. 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.