SIMMONS FIRST NATIONAL CORP·4

Mar 6, 9:33 AM ET

Van Steenberg Christopher J 4

4 · SIMMONS FIRST NATIONAL CORP · Filed Mar 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Simmons First (SFNC) COO Christopher Van Steenberg Exercises RSUs, Sells Shares

What Happened

  • Christopher Van Steenberg, COO of Simmons First National Corp (SFNC), had 1,729 restricted stock units (RSUs) convert into common shares on March 4, 2026. As part of the vesting/settlement, 489 shares were withheld to cover tax liabilities at $20.21 per share (total withholding $9,883). The filing shows the RSU derivative was settled (reported as disposed at $0), which reflects the conversion/settlement of the award rather than a market sale.

Key Details

  • Transaction date: March 4, 2026; filing date: March 6, 2026 (reported promptly after the vesting date).
  • Acquired: 1,729 shares from RSU conversion (reported as exercise/conversion of a derivative, code M).
  • Disposed/withheld for taxes: 489 shares at $20.21 each, total $9,883 (tax withholding, code F).
  • The derivative (the RSUs) was reported as settled/disposed at $0, reflecting settlement of the award (not an open-market sale).
  • Shares owned after the transaction are not specified in the provided excerpt.
  • Footnotes: RSUs convert one-for-one into SFNC common stock and vested on March 4, 2026; additional tranches of 1,729 RSUs each are scheduled to vest on March 4, 2027 and March 4, 2028, with shares to be delivered within 30 days of vesting.

Context

  • This was a routine RSU vesting and net-share settlement to cover taxes (a common, non-discretionary corporate compensation event), not an open-market purchase or sale indicating a directional trade by the insider. The tax withholding reduced the number of shares delivered to the insider; remaining vested shares (after withholding) are retained unless otherwise reported.

Insider Transaction Report

Form 4
Period: 2026-03-04
Van Steenberg Christopher J
EVP & Chief Operating Officer
Transactions
  • Exercise/Conversion

    SFNC Common Stock

    [F1]
    2026-03-04+1,72918,134 total
  • Tax Payment

    SFNC Common Stock

    2026-03-04$20.21/sh489$9,88317,645 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2][F3]
    2026-03-041,7293,458 total
    SFNC Common Stock (1,729 underlying)
Footnotes (3)
  • [F1]Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.
  • [F2]The Restricted Stock Units vested on March 4, 2026.
  • [F3]1,729 Restricted Stock Units vest on March 4, 2027; and 1,729 Restricted Stock Units vest on March 4, 2028. SFNC shares will be delivered to the reporting person within 30 days of vesting. Events such as retirement, death, disability, and other specified events in the award agreement may result in earlier vesting.
Signature
/s/ Natalie Gassiott, attorney-in-fact for Christopher J. Van Steenberg|2026-03-06

Documents

1 file
  • 4
    ownership.xmlPrimary

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