Company: SFNC
Filing Date: 2025-04-03
Form Type: DEFR14A
Source: 0001174947-25-000480
Chunk: 40

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-04-03
Form: DEFR14A
Chunk 40
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IP benefits of 150% of Target payout.

28

2026 Performance Period Grant The equity incentive granted to the named executive officers for the 2026 Performance Period (three -yearperiod 2024 -2026) consists of 50% RSUs and 50% PSUs. The RSUs granted for the 2026 Performance Period are time vested in approximately equal installments on the first, second, and third anniversary of the grant date. For the 2026 Performance Period, the PSUs were granted to the equity incentive plan participants in February 2024 and will be payable in early 2027 after certification of the results of the 2026 Performance Period by the Compensation Committee or, in the cases of Mr. Makris, Jr. and Mr. Fehlman, the Board. In February 2024, the Compensation Committee established the performance criteria and the target payout for the PSUs, under the LTIP, including the participating named executive officers. The table below sets forth certain details for the equity incentive for the participating named executive officers in the 2026 Performance Period:

| Executive Name & Title as of December 31, 2024 |     |         Targeted 
 Equity Incentive 
   (% of Salary)* |   |     |         Targeted 
 Equity Incentive 
              ($) |     |          RSU 
   Allocation 
          ($) |     |          PSU 
   Allocation 
          ($) |
|:-----------------------------------------------|:----|-----------------:|:--|:----|-----------------:|:----|-------------:|:----|-------------:|
| Robert A Fehlman, CEO                          |     |              135 | % |     |      $ 1,350,000 |     | $    675,000 |     | $    675,000 |
| C. Daniel Hobbs, CFO                           |     |               90 | % |     |     $    427,500 |     | $    213,750 |     | $    213,750 |
| George A. Makris, Jr., Exec. Chairman          |     |              225 | % |     |      $ 2,250,000 |     |  $ 1,125,000 |     |  $ 1,125,000 |
| James M. Brogdon, President                    |     |              120 | % |     |     $    840,000 |     | $