COMPTON JENNIFER BRYNN 4
Research Summary
AI-generated summary
Simmons First (SFNC) EVP Jennifer Compton Receives RSU Shares
What Happened
Jennifer Brynn Compton, Executive Vice President of Simmons First National Corp (SFNC), had restricted stock units (RSUs) vest on March 4, 2026. The filing shows 1,771 RSUs converted into common shares; to satisfy tax withholding, 749 of those shares were surrendered at $20.21 per share for $15,137. Based on these figures, about 1,022 shares were delivered to her after withholding.
Key Details
- Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (timely filing).
- Vesting/Conversion: 1,771 RSUs converted into SFNC common shares (transaction code M — exercise/conversion of derivative).
- Tax withholding: 749 shares were withheld/disposed to cover taxes at $20.21 each, totaling $15,137 (transaction code F).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — RSUs convert one-for-one to SFNC common stock; F2 — these RSUs vested on March 4, 2026; F3 — additional RSU tranches (1,771 in 2027 and 1,772 in 2028) remain scheduled to vest and will be delivered within 30 days of vesting, subject to standard acceleration events (retirement, death, disability, etc.).
- Nature of transaction: compensation-related vesting and tax withholding (routine), not an open-market purchase or sale.
Context
This was a routine RSU vesting event with a portion of shares surrendered to cover withholding taxes (a common "cashless" tax withholding method). Such award vesting reflects compensation realization rather than an explicit buy or sell decision by the insider.