Steven A. Cosse, a director at Simmons First National Corp, has reported recent stock transactions that highlight his involvement with the bank. This disclosure is significant as it provides insight into the actions of key executives within the financial sector.
Background
Simmons First National Corp is a financial institution based in Pine Bluff, Arkansas. It operates in the national commercial banks sector, providing a range of banking services. The company is publicly traded under the ticker symbol SFNC.
What the Filing Says
In the filing dated October 5, 2026, Cosse reported two transactions involving Simmons First National Corp common stock. On October 1, 2026, he acquired 975 shares of common stock and disposed of an equal number of restricted stock units. Following these transactions, Cosse owns a total of 117,505 shares of the bank's common stock.
Impact
This update may affect perceptions among investors and analysts regarding the leadership at Simmons First National Corp. As a director, Cosse's stock transactions can signal confidence or concerns about the bank's future performance.
What's Next
The filing does not say what happens next.
Details of Transactions
In the reported transactions, Cosse's acquisition of 975 shares of SFNC common stock was classified as a direct ownership transaction. This acquisition was executed on October 1, 2026, the same day he disposed of 975 restricted stock units. Following these transactions, he holds a total of 117,505 shares of common stock directly.
Restricted Stock Units
The restricted stock units that Cosse disposed of were converted into shares of SFNC common stock on a one-for-one basis. These units had vested on the same date as the transaction, October 1, 2026. Additionally, Cosse has 976 restricted stock units that are set to vest on January 4, 2027, with shares to be delivered within 30 days of vesting. Notably, the vesting of these units could be accelerated due to specific events such as retirement, death, or disability, as outlined in the award agreement.
Signature and Filing Information
The filing was signed by Ambar Quintanilla, who acted as the attorney-in-fact for Steven A. Cosse, and was officially filed on October 5, 2026. The filing is categorized under Form 4, which is used to report changes in ownership of a company's securities by its insiders.
What the Filing Does Not Include
The filing does not provide any information regarding the motivations behind Cosse's transactions or any future plans he may have for his holdings in Simmons First National Corp. Additionally, it does not include any commentary on the company's performance or market conditions that may have influenced these transactions.