SIMMONS FIRST NATIONAL CORP·4

Apr 27, 3:14 PM ET

Brogdon James M 4

Research Summary

AI-generated summary

Updated

Simmons First (SFNC) CEO James Brogdon Receives 8,000 RSU Shares

What Happened

  • James M. Brogdon, President & CEO and a director of Simmons First National Corp. (SFNC), had restricted stock units (RSUs) vest on April 26, 2026. A total of 8,000 RSUs converted into 8,000 shares of SFNC common stock.
  • To satisfy tax withholding, 1,131 shares were withheld/treated as disposed at $21.02 per share for a total withholding value of $23,774. The net result: Brogdon received 6,869 additional shares (8,000 vested − 1,131 withheld).
  • This was an award/vesting event (routine company compensation), not an open-market purchase or voluntary sale.

Key Details

  • Transaction date: April 26, 2026 (reported April 27, 2026).
  • Conversion/derivative reporting: two M-coded lines reflect the RSU-to-share conversions (4,000 and 4,000); F-coded line denotes tax withholding (1,131 shares at $21.02 = $23,774).
  • Net new shares received: 6,869 shares.
  • Footnotes: F1 — RSUs convert one-for-one into common stock; F2 — the RSUs vested on April 26, 2026.
  • Filing timeliness: Report filed the next day (not indicated as late).

Context

  • RSU vesting and company withholding for taxes are common executive compensation events and do not necessarily indicate a change in insider sentiment. The withheld shares satisfy tax obligations rather than represent an open-market sale by the insider.
  • The M code here refers to conversion/exercise of a derivative (RSU conversion). The F code indicates shares were used to pay tax liability.