Simmons First National Reports Officer/Director Changes, Comp Arrangements

Ticker: SFNC · Form: 8-K · Filed: 2024-01-03T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, compensation, corporate-governance

TL;DR

**Simmons First National filed an 8-K on Dec 28, 2023, indicating executive/director changes and compensation updates.**

AI Summary

Simmons First National Corporation filed an 8-K on January 3, 2024, reporting an event that occurred on December 28, 2023. This filing indicates changes related to the departure or election of directors or officers, and/or compensatory arrangements for certain officers. While specific names or dollar amounts are not detailed in this excerpt, such changes can signal shifts in leadership strategy or financial incentives, which could impact the company's future direction and, consequently, the stock's performance for investors.

Why It Matters

Changes in leadership or executive compensation can signal strategic shifts or financial health, directly influencing investor confidence and the company's future trajectory.

Risk Assessment

Risk Level: medium — Without specific details on who departed or was appointed, or the nature of compensation changes, the impact on the company's stability and future performance remains uncertain.

Analyst Insight

Investors should monitor subsequent filings or press releases from Simmons First National Corporation for specific details regarding the personnel changes and compensation arrangements to assess their potential impact on the company's strategy and financial outlook.

Key Players & Entities

FAQ

What was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on December 28, 2023.

When was this 8-K filing submitted to the SEC?

This 8-K filing was submitted to the SEC on January 3, 2024.

What specific items are covered in this 8-K filing for Simmons First National Corporation?

This 8-K filing covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as per the Item Information.

What is the trading symbol and the exchange where Simmons First National Corporation's common stock is registered?

The trading symbol for Simmons First National Corporation's common stock is SFNC, and it is registered on The Nasdaq Global Select Market.

What is the business address of Simmons First National Corporation as stated in the filing?

The business address of Simmons First National Corporation is 501 Main Street, Pine Bluff, Arkansas, 71601.

Filing Stats: 472 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-01-03 16:11:04

Key Financial Figures

Filing Documents

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) December 28, 2023 SIMMONS FIRST NATIONAL CORPORATION (Exact name of registrant as specified in its charter) Arkansas 0-6253 71-0407808 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 501 Main Street , Pine Bluff , Arkansas 71601 (Address of principal executive offices) (Zip Code) (870) 541-1000 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share SFNC The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On December 28, 2023, W. Scott McGeorge (age 80), a member of the board of directors ("Board") of Simmons First National Corporation ("Company"), notified the Company that he has decided not to stand for re-election at the Company's 2024 annual meeting of shareholders. Mr. McGeorge has been a director of the Company since 2005 and has previously served (among other roles) as chairman of the Board's audit committee and as a member of the Board's executive committee. The Company appreciates Mr. McGeorge's service and many contributions during his tenure as a director and wishes him well in his future affairs. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SIMMONS FIRST NATIONAL CORPORATION /s/ James M. Brogdon Date: January 3, 2024 James M. Brogdon, President

View on Read The Filing