SIMMONS FIRST NATIONAL CORP·4

Feb 4, 3:52 PM ET

LANIGAN SUSAN S 4

Research Summary

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Simmons First (SFNC) Director Susan Lanigan Receives RSU Award

What Happened Susan S. Lanigan, a director of Simmons First National Corp. (SFNC), received a grant of 2,187 restricted stock units (RSUs) and had 546 RSUs vest and convert into 546 common shares on February 2, 2026. The Form 4 shows a concurrent disposition of 546 shares at $0.00 (no cash reported). The RSU grant is an award (A); the conversion/settlement entries are reported as derivative exercises/conversions (M).

Key Details

  • Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (timely).
  • Grant: 2,187 RSUs awarded @ $0.00 (reported as an award).
  • Vesting/conversion: 546 RSUs vested and converted into 546 shares (reported as derivative exercise/conversion).
  • Disposition: 546 shares reported disposed at $0.00 (no cash consideration shown).
  • Footnotes: RSUs convert one-for-one into SFNC common stock; 546 RSUs vested on Feb 2, 2026 (remaining RSUs vest on Apr 1, Jul 1 and Oct 1, 2026; shares delivered within 30 days of vesting).
  • Shares owned after the transactions: Not disclosed in the provided data.

Context

  • These entries reflect an equity award (RSUs) and the scheduled vesting/conversion of a portion of that award. The filing does not state a cash sale; the $0.00 disposition likely reflects a non‑cash settlement event (e.g., net share settlement or withholding), but the Form 4 provided here does not specify the reason. This is routine insider reporting of compensation-related equity activity rather than an open‑market purchase or sale.