Business Context and Reporting Period
Company: Simmons First National Corp (SFNC)
Filing Type: Form 8-K (Current Report)
Report Date: December 4, 2025
Event: Departure of Certain Officers and Compensatory Arrangements (Item 5.02)
Key Financial Metrics
This filing does not contain financial performance data. No revenue, profit, cash flow, margin, debt, or liquidity metrics are reported in this document.
Material Changes
The filing reports a specific change in executive compensation related to the retirement of George Makris, Jr. The Board of Directors exercised authority under the 2024 performance share unit (PSU) agreement to allow unvested PSUs granted in 2024 to vest subject to performance criteria as if Mr. Makris had remained employed for the full three-year period. There is no proration of the final award and no acceleration of payment.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on business outlook, or discussion of risks and contingencies beyond the specific executive compensation arrangement.
Investor Verification Checklist
- Verify the specific performance criteria required for the vesting of George Makris, Jr.'s 2024 PSUs.
- Confirm the total number of unvested PSUs granted to Mr. Makris in 2024.
- Review the 2023 Stock and Incentive Plan to understand the standard vesting schedule versus the exception granted.
- Check for any subsequent filings regarding the actual vesting outcome once performance criteria are met.