Company: SFNC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023690
Chunk: 209

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 209
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 three months ended March 31, 2025:  Stock OptionsOutstandingNon-vested Stock Awards OutstandingNon-vested Stock Units Outstanding (Shares in thousands)Numberof SharesWeightedAverageExercisePriceNumberof SharesWeightedAverageGrant-DateFair ValueNumberof SharesWeightedAverageGrant-DateFair ValueBeginning balance, January 1, 2025323 $22.92 — $— 1,521 $21.04 Granted— — — — 605 21.02 Stock options exercised— — — — — — Stock awards/units vested (earned)— — — — (350)21.59 Forfeited/expired(5)22.20 — — (105)26.58 Balance, March 31, 2025318 $22.93 — $— 1,671 $20.54 Exercisable, March 31, 2025318 $22.93 The following table summarizes information about stock options under the plans outstanding at March 31, 2025:   Options OutstandingOptions ExercisableRange of Exercise PricesNumberof Shares(In thousands)WeightedAverageRemainingContractualLife (Years)WeightedAverageExercisePriceNumberof Shares(In thousands)WeightedAverageExercisePrice$22.75 —$22.75 2490.36$22.75249$22.7523.51 —23.51 620.8023.516223.5124.07 —24.07 70.4624.07724.07$22.75 —$24.07 3180.45$22.93318$22.93

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The table below summarizes the Company’s performance stock unit activity for the three months ended March 31, 2025:(In thousands)Performance Stock UnitsNon-vested, January 1, 2025523 Granted124 Vested (earned)(20)Forfeited(116)Non-vested, March 31, 2025511 Stock-based compensation expense was $5.3 million and $4.4 million during the three month periods ended March 31, 2025 and 2024, respectively. Stock-based compensation expense is recognized ratably over the requisite service period for all stock-based awards. There was no unrecognized stock-based compensation expense related