Groves Tina M 4

What Happened

• Tina M. Groves, Chief Risk Officer of Simmons First National Corp. (SFNC), had restricted stock units (RSUs) vest on February 28, 2026 and those RSUs converted into SFNC common shares. The filing shows a conversion/exercise (code M) involving 3,133 shares and a tax-withholding disposition (code F) of 1,324 shares at $19.91 per share, raising $26,361.
• This was not an open-market purchase or sell for investment purposes — it was the routine vesting/conversion of equity awards with shares surrendered to cover tax withholding.

Key Details

• Transaction date: February 28, 2026.
• Reported actions: conversion/exercise of RSUs (transaction code M) for 3,133 shares; tax withholding (code F) of 1,324 shares at $19.91 each for $26,361.
• Footnotes: F1 — RSUs convert one-for-one into SFNC common stock. F2 — the RSUs vested on Feb 28, 2026. F3 — a separate grant of 3,133 RSUs is scheduled to vest on Feb 28, 2027 and shares will be delivered within 30 days of that vesting (subject to standard exceptions).
• Shares owned after the transaction: not stated in the provided transaction lines of the filing.
• Timeliness: filing dated March 3, 2026 reporting a Feb 28, 2026 event; filing does not indicate a tardy/late-code in the information provided here.

Context

• This was an award/vesting event (RSU conversion) rather than a market buy or discretionary sale; the withholding of shares to satisfy taxes is routine and does not by itself indicate a change in insider sentiment.
• Transaction codes: M = exercise/conversion of a derivative (here, RSU conversion); F = payment of exercise price or tax liability (shares withheld/surrendered for taxes).