Company: SFNC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001174947-25-000476
Chunk: 75

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 75
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 Mr. Fehlman), was $65,987; and •The annual total compensation of Mr. Fehlman, our CEO during 2024, was $4,161,660. Based on this information, the ratio for 2024 of the annual total compensation of our CEO to the median of the annual total compensation of all employees is 63 to 1. We completed the following steps to identify the median of the annual total compensation of all our employees and to determine the annual total compensation of our median employee and CEO: •As of December31, 2024, our employee population consisted of approximately 2,966 individuals, including full -time, part -time, temporary, and seasonal employees employed on that date. •To find the median of the annual total compensation of all our employees (other than our CEO), we used wages from our payroll records as reported to the Internal Revenue Service on Form W -2for fiscal 2024. In making this determination, we annualized the compensation of full -timeand part -timepermanent employees who were employed on December31, 2024, but did not work for us the entire year. No full -timeequivalent adjustments were made for part -timeemployees. •We identified our median employee using this compensation measure and methodology, which was consistently applied to all our employees included in the calculation. •After identifying the median employee, we added together all of the elements of such employee’s compensation for 2024 in accordance with the requirements of Item 402(c)(2)(x) of Regulation S -K, resulting in annual total compensation of $65,987. With respect to the annual total compensation of our CEO, we used the amount reported in the “Total” column for 2024 of our Summary Compensation Table. This ratio is a reasonable estimate calculated in a manner consistent with SEC rules based on our payroll records and the methodology described above. The SEC rules for identifying the median employee and calculating the pay ratio based on that employee’s annual total compensation allow companies to adopt a variety of methodologies, to apply certain exclusions and to make reasonable estimates and assumptions that reflect their compensation practices. As such, the pay ratio reported by other companies may not be comparable to the pay ratio reported above, as other companies may have different employment and compensation practices and may utilize different methodologies, exclusions, estimates and assumptions in calculating their own pay ratios. 51

PAY VERSUS PERFORMANCE DISCLOSURES

Pay Versus Performance Table

As required by Section