Company: SFNC
Filing Date: 2025-07-25
Form Type: 8-K
Source: 0001193125-25-165459
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Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-07-25
Form: 8-K
Item: Item 2.01
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Item 2.01      Completion of Acquisition or Disposition of Assets.  

On July 23, 2025, Simmons First National Corporation (the “ Company”) and its subsidiaries completed steps taken to reposition its consolidated balance sheet (the “ Transaction”).

In the Transaction, the Company and its subsidiaries, as applicable, reclassified its held-to-maturityinvestment securities to available for sale. The Company and its subsidiaries, as applicable, then sold approximately $3.2 billion (amortized cost basis) of its investment securities to Morgan Stanley & Co., LLC based on fair market value for an aggregate price of approximately $2.4 billion. The sale of investment securities resulted in an estimated, realized after-taxloss of approximately $604 million (based on an estimated tax rate of 24.3%), which will be recorded during the third quarter of 2025. Morgan Stanley & Co., LLC served as an underwriter in the Company’s underwritten public offering of 18,653,000 shares of the Company’s Class A common stock, par value $0.01 per share (the “ Common Stock” and such offering, the “ Offering”), which generated net proceeds to the Company of approximately $326.9 million after deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company. The Offering closed on July 23, 2025.