{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-004793","form_type":"8-K","ticker":"SFNC","cik":"0000090498","company_name":"SIMMONS FIRST NATIONAL CORP","filed_at":"2023-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.974054+00:00","generated_at":"2026-06-12T23:29:51.998611+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Simmons First National reaches separation with former EVP/Chief Banking Officer Reddin, $1M lump sum","bullets":["Reddin receives $1,000,000 lump sum (less taxes) plus continued health benefits via COBRA; effective termination July 5, 2023.","Agreement includes 5-year confidentiality, 2-year non-solicitation of customers and employees, and 1-year non-compete in states with Simmons Bank offices.","Executive Change in Control Severance Agreement terminated; Indemnification Agreement remains in effect.","Mutual non-disparagement between Reddin and Simmons' Executive Management Committee.","Reddin must return all company property within one day of separation; failure triggers repayment of severance."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-004793","json":"https://secwatch.observer/filing/0001171843-23-004793.json","markdown":"https://secwatch.observer/filing/0001171843-23-004793.md","text":"https://secwatch.observer/filing/0001171843-23-004793.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/90498/000117184323004793/0001171843-23-004793-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/90498/000117184323004793/f8k_072823.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:29:51.998611+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"72dec58d27","claim":"Matthew Reddin departed as Executive Vice President and Chief Banking Officer at SIMMONS FIRST NATIONAL CORP.","evidence_excerpt":"On July 26, 2023, Simmons First National Corporation (“Company”) and its wholly-owned subsidiary, Simmons Bank (“Bank”), entered into a Separation Agreement and Release (“Agreement”) with Matthew Reddin, whose employment with the Company and the Bank as Executive Vice President and Chief Banking Officer ended effective July 5, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/90498/000117184323004793/0001171843-23-004793-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"separated"},{"label":"Role","value":"Executive Vice President and Chief Banking Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}