Townsell Donna 4

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.