SIMMONS FIRST NATIONAL CORP — Form 10-Q
Filed August 5, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 18/100
What the filing says
Simmons First National Corporation filed amended forms for its 2023 Stock and Incentive Plan, establishing three RSU agreement templates (non-employee directors, associates, new hire/retention) and one PSU agreement template for executives. The documents set vesting schedules (typically 25% immediate to 100% over 3-4 years for RSUs; performance-based 0-200% for PSUs tied to Relative ROATA and Relative TSR vs. KBW Regional Banking Index through 2028), forfeiture provisions upon termination, clawback rights, and restrictive covenants (non-solicitation, confidentiality) lasting one year post-separation. No specific dollar amounts or participant names are disclosed in these template exhibits.
Why this rating
Template filings documenting plan administration mechanics; no new grants disclosed, no material financial impact quantified, routine governance housekeeping relative to $2.3B market cap.
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