SIMMONS FIRST NATIONAL CORP·4

Feb 4, 3:52 PM ET

DORAMUS MARK C 4

Research Summary

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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.