YANEY STEWART BRADLEY 4

What Happened

• Stewart Bradley Yaney, Executive Vice President and Chief Credit Risk Officer of Simmons First National Corp (SFNC), had 1,294 restricted stock units (RSUs convert one-for-one into common shares) vest on February 28, 2026. Those RSUs converted into shares, and 366 of the resulting shares were withheld to satisfy tax withholding obligations (366 shares × $19.91 = $7,287). The filing shows no cash proceeds to the insider.

Key Details

• Transaction date: February 28, 2026; Form 4 filed March 3, 2026.
• Vesting/conversion: 1,294 RSUs converted into 1,294 common shares (code M — exercise/conversion of derivative).
• Tax withholding: 366 shares withheld (code F) at $19.91 per share for a withholding value of $7,287.
• Additional award: A separate tranche of 1,294 RSUs is scheduled to vest on February 28, 2027 and will be delivered within 30 days of vesting (per footnote).
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Form filed March 3, 2026; filing does not indicate a late report.

Context

• This was not an open-market purchase or sale by the insider but a routine RSU vesting event with share withholding to cover taxes. For retail investors, such withholding is administrative (not a market sale) and does not necessarily signal insider confidence or concern. The filing also notes possible earlier vesting on certain events (retirement, death, disability, etc.) per the award agreement.