Simmons First National Corp 8-K/A, filed Feb 2, 2026
Simmons First National Corp (SFNC)
About this 8-K/A
Simmons First National Corp filed this 8-K/A on February 2, 2026, reporting on events of August 4, 2025.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
AMENDMENT NO. 1 TO
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
James M. Brogdon - Compensatory Arrangement
In connection with Mr. Brogdon’s previously disclosed appointment as the Company’s president and chief executive officer, on January 28, 2026, the Board approved the following 2026 compensation package for Mr. Brogdon: (i) an annual base salary of $900,000, (ii) a cash incentive award with a target amount of 100% of base salary, and (iii) an equity incentive award (consisting of approximately 50% restricted stock units and 50% performance share units) with a target amount of approximately 180% of base salary (plus a one-time enhancement to Mr. Brogdon’s equity incentive award with a target value of approximately $1,620,000). The actual amounts earned under the cash and equity incentive awards (which may be more or less than the targets) will be determined in the discretion of the Board in a manner consistent with the terms applicable to the awards and based on (where applicable) performance criteria established by the Board’s compensation committee.
Additionally, the Board approved increasing the “Termination Compensation” provided under Mr. Brogdon’s Executive Change In Control Severance Agreement (“CIC Agreement”) from two times the “Executive’s Base Period Income” (as defined in the CIC Agreement) to three times the “Executive’s Base Period Income.”
Mr. Brogdon will also continue to receive other executive and employee benefits as outlined in the Company’s proxy statement for the Company’s 2025 annual meeting of shareholders.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SIMMONS FIRST NATIONAL CORPORATION | ||||||
/s/ C. Daniel Hobbs | ||||||
| Date: February 2, 2026 | C. Daniel Hobbs, Executive Vice President and Chief Financial Officer | |||||