Brogdon James M 4

What Happened James M. Brogdon, President & CEO and director of Simmons First National Corp (SFNC), had Restricted Stock Units (RSUs) vest on March 4, 2026. A total of 8,183 RSUs converted into common shares. To satisfy tax withholding, 2,312 of those shares were withheld (tax withholding reported as a disposition valued at $20.21 per share, totaling about $46,726), resulting in a net delivery of 5,871 shares to the insider.

Key Details

• Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (filed on time).
• Conversion: 8,183 RSUs converted to 8,183 shares (transaction code M).
• Tax withholding: 2,312 shares withheld at $20.21/share for tax payment (transaction code F), $46,726 reported.
• Net shares delivered to Brogdon: 8,183 − 2,312 = 5,871 shares.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1—RSUs convert 1:1 to SFNC common stock. F2—these RSUs vested March 4, 2026. F3—additional RSUs (8,184 each) are scheduled to vest on March 4, 2027 and March 4, 2028; shares will be delivered within 30 days of vesting and some events may accelerate vesting.

Context This was an RSU vesting event (award conversion), not an open-market purchase or a voluntary sale. The withholding of shares to cover taxes is a common administrative step (a cashless-like settlement) and does not by itself signal a buy or sell decision about company stock. The filing appears timely (filed two days after the transaction date).