Brogdon James M 4

What Happened
James M. Brogdon, President & CEO of Simmons First National Corp (SFNC), had 4,819 restricted stock units (RSUs) convert into 4,819 shares of common stock when the RSUs vested on January 19, 2026. To satisfy tax withholding obligations, 1,617 of those shares were withheld (disposed) at $19.24 per share, representing about $31,111. Net shares delivered to him after withholding were 3,202 shares. This was an award/vesting event, not an open-market purchase or voluntary sale.

Key Details

• Transaction date: January 19, 2026 (filed Jan 21, 2026 — appears timely).
• Conversion: 4,819 RSUs converted to 4,819 common shares (code M — exercise/conversion of derivative).
• Tax withholding: 1,617 shares withheld/disposed at $19.24 each for $31,111 (code F — payment of tax liability).
• Net shares delivered to insider: 3,202 (4,819 converted − 1,617 withheld).
• Footnotes: F1 — RSUs convert one-for-one into common shares; F2 — the RSUs vested on Jan 19, 2026.
• Shares owned after the transaction: not specified in the filing.

Context
This was a routine vesting of restricted stock units with shares withheld to cover taxes (a common, non-market sale method of satisfying tax obligations). Such vesting events are awards, not directional purchases or sales in the open market, and do not by themselves indicate the insider’s market view.