Simmons First shareholders approve 3.55 million more shares for stock incentive plan
At its May 13, 2026 annual meeting, Simmons First shareholders approved an amended and restated 2023 Stock and Incentive Plan, raising the maximum shares issuable under the plan to 7,350,000 and extending the grant period to May 12, 2036. Shareholders also elected all fourteen directors and ratified Forvis Mazars, LLP as auditor for 2026, while the non-binding say-on-pay vote passed with 99,152,664 for and 11,387,331 against.
Key points
- Plan share cap raised by 3,550,000 shares to 7,350,000 since inception on April 18, 2023
- Plan adds an annual $750,000 limit on combined cash and equity pay for non-employee directors
- Say-on-pay resolution: 99,152,664 for, 11,387,331 against, 494,439 abstain
- Forvis Mazars, LLP ratified as independent auditor for year ending December 31, 2026 with 121,341,116 for and 5,308,580 against
The filing
Written by AI on Nov 8, 2026, 1:39 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 May 13, 2026.
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.