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AI brief of an SEC Form 8-K · Simmons First National (SFNC)

Simmons First (SFNC) board keeps retiring CEO George Makris's 2024 PSU vesting terms

Neutral Impact 3 of 5 leadership Written later

On December 4, 2025, Simmons First's board, acting on its compensation committee's recommendation, decided that George Makris, Jr.'s unvested 2024 performance share units will vest after his retirement, subject to performance criteria, as if he had stayed employed through the full three-year performance period. The filing says there is no proration of the final award and no acceleration of payment. The change concerns executive pay for a departing officer, with no stated effect on company financial results.

Key points

  • Board action dated December 4, 2025, on the compensation committee's recommendation.
  • Covers unvested 2024 performance share units granted to George Makris, Jr. under the 2023 Stock and Incentive Plan.
  • Vesting remains subject to performance criteria over the three-year performance period; no proration and no acceleration of payment.
  • Filing dated December 9, 2025, signed by CFO C. Daniel Hobbs.

The filing

CompanySimmons First National (SFNC)
Form8-K, current report
Filed with the SECDec 9, 2025, 4:15 PM ET
Accession number0001193125-25-312758

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 09, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.