Townsell Donna 4
Accession 0001656361-26-000005
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 4:40 PM ET
Size
13.7 KB
Accession
0001656361-26-000005
Research Summary
AI-generated summary of this filing
Home Bancshares (HOMB) Director Donna Townsell Exercises Options
What Happened
Donna Townsell, Director and Director of Investor Relations at Home Bancshares (HOMB), exercised 20,000 derivative securities on 2026-01-21. The exercise price was $21.25 per share (total $425,000). Rather than pay cash, 14,437 of the newly issued shares (valued at $29.44 each, ~ $425,025) were surrendered/withheld to satisfy the exercise price/tax obligation. The derivative instrument was then converted/cancelled.
Key Details
- Transaction date: 2026-01-21 (Form filed 2026-01-23; filing appears timely).
- Exercise: 20,000 shares acquired at $21.25/share = $425,000 (code M).
- Share withholding/payment: 14,437 shares disposed at $29.44/share = $425,025 to cover exercise price/tax (code F).
- Additional line: 20,000 derivative units shown disposed @ $0 reflecting conversion/cancellation of the derivative (code M).
- Shares owned after transaction: not disclosed in the data you provided.
- Footnotes in the filing (F1–F7) describe vesting and exercisability schedules for various awards/options and may explain why the option was exercisable; F code indicates share surrender for exercise/tax withholding.
Context
This was an options exercise (not an open-market buy or a sale). Because shares were surrendered to cover the exercise price/taxes, it functioned like a cashless exercise — common for option holders and not necessarily a signal of sentiment. No 10% ownership flag or 10b5‑1 plan was indicated in the provided details.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-01-21$21.25/sh+20,000$425,000→ 238,459.51 total - Tax Payment
Common Stock
2026-01-21$29.44/sh−14,437$425,025→ 224,022.51 total - Exercise/Conversion
Stock Option
[F5]2026-01-21−20,000→ 0 totalExercise: $21.25Exp: 2026-04-20→ Common Stock (20,000 underlying)
- 8,334
Common Stock - Performance Based
[F1] - 36,000
Common Stock - Restricted Stock
[F2][F3][F4] - 36,843.587(indirect: Custodian for Daughter)
Common Stock
- 50,000
Performance Stock Option
[F6]Exercise: $23.32Exp: 2028-07-19→ Common Stock (50,000 underlying) - 10,000
Stock Option
[F7]Exercise: $22.22Exp: 2028-04-18→ Common Stock (10,000 underlying)
Footnotes (7)
- [F1]The Performance Stock awarded on July 19, 2018 will vest in 33 1/3% installments over three years beginning on the third annual anniversary of the date that the performance goal is met. The performance goal was met on March 31, 2021 and the stock began vesting on March 31, 2024.
- [F2]Restricted stock granted on January 19, 2024 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.
- [F3]Restricted Stock granted on January 17, 2025 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.
- [F4]Restricted Stock granted on January 16, 2026 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.
- [F5]The option is exercisable in five equal annual installments. The first installment became exercisable on April 21, 2017.
- [F6]The Performance Stock Option awarded on July 19, 2018 is exercisable in five equal annual installments beginning on the first annual anniversary of the date that the performance goal is met. The performance goal was met on March 31, 2021. Therefore, the first installment became exercisable on March 31, 2022.
- [F7]The option is exercisable in five equal annual installments. The first installment becomes exercisable on April 20, 2019.
Signature
Documents
Issuer
HOME BANCSHARES INC
CIK 0001331520
Related Parties
1- filerCIK 0001656361
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 4:40 PM ET
- Size
- 13.7 KB