Company: SFNC
Filing Date: 2025-07-23
Form Type: 424B5
Source: 0001193125-25-162761
Chunk: 26

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-07-23
Form: 424B5
Chunk 26
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Holders of our common stock have no
preemptive, subscription, redemption, sinking fund or conversion rights.

In the event of our liquidation, dissolution or winding up, the
holders of common stock are entitled to share ratably in all assets remaining after payment of liabilities and the liquidation preference of any outstanding preferred stock.

Preferred Stock

Our board of directors
has the authority to fix the price, dividend rates, rights, preferences, privileges and restrictions, including voting rights, of one or more series of our preferred stock, from time to time, without any further vote or action by our shareholders.
There are currently no shares of our preferred stock outstanding.

Antitakeover Effects of Certain Provisions in our Articles

Our Articles contain certain provisions that could delay, discourage or prevent an attempted acquisition or change of control of the Company.

Our Articles define “Interested Stockholder” to mean any person (other than the Company) who:

(i) is the beneficial owner, directly or indirectly, of more than 10% of our common stock; or

S-23

(ii) is an affiliate of the Company and at any time within two years prior thereto was the beneficial owner, directly or indirectly, of not less than 6% of the then outstanding shares of common stock. Our Articles require the approval of shareholders owning at least 80% of our common stock for any acquisition of the Company by merger or consolidation or by asset acquisition unless approved by the affirmative vote of 80% of all directors (or, in the event the proponent of the acquisition (or its affiliates or associates) is an Interested Stockholder, then 80% of the directors who were in office prior to the proponent of the acquisition becoming an Interested Stockholder). Our Articles require our board of directors to consider the following matters prior to making any recommendation concerning any tender offer, merger offer or other acquisitive offer for our shares or assets:

| • |     | the likely impact on us, our subsidiaries, shareholders and employees and the communities served by us; |

| • |     | the timeliness of the proposed transaction considering the business climate and our strategic plans; |

| • |     | the possibility of any legal defects or regulatory issues involved in the proposed transaction; |

| • |     | the risk of non-consummation of the transaction due to lack of financing, 
 regulatory issues or other identified risks;                              |

| • |     | current market price of our common stock and consolidated assets; |

| • |