MAKRIS GEORGE A III 4

What Happened

• George A. Makris III, EVP, General Counsel & Corporate Secretary of Simmons First (SFNC), had 2,130 restricted stock units (RSUs) vest on February 28, 2026 and those RSUs converted one-for-one into 2,130 shares of common stock. To satisfy tax withholding on the vesting, 602 of those shares were surrendered/sold at $19.91 per share, generating proceeds of $11,986. The transaction is a routine stock-settlement of RSUs rather than an open-market investment or speculative sale.

Key Details

• Transaction date: February 28, 2026 (reported on Form 4 filed March 3, 2026).
• Vesting/conversion: 2,130 RSUs vested and converted into 2,130 shares (per footnote: RSUs convert 1-for-1).
• Tax withholding/disposal: 602 shares withheld/sold at $19.91 each for $11,986 (transaction code F = tax withholding).
• Other notes from filing:
  • 787 shares were acquired under a dividend reinvestment plan (footnote).
  • A separate tranche of 2,130 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 filing.
• Filing timeliness: Form 4 was filed March 3, 2026; no late-filing indication in the report.

Context

• This was a routine RSU vesting and tax-withholding event, not a voluntary open-market buy or sell expressing sentiment. For retail investors, such filings mainly show compensation-related share issuance and routine withholding rather than insider buying interest.