Brad Yaney

About Brad Yaney

Brad Yaney, 49, is Executive Vice President of Credit Risk Management at Simmons Bank (subsidiary of SFNC). He was appointed EVP in March 2022 after serving as Senior Vice President and Corporate Credit Risk Officer; he has 22 years of service at the Company and joined Simmons in 2002, with responsibilities spanning credit analytics, consumer and small business credit, lending and credit card operations, credit policy and administration . Company performance context for incentive alignment: 2022 PSUs covering the 2024 performance period paid out at 0% as SFNC’s Core ROAA, Core ROTCE, and TSR ranked below threshold (approx. 12th, 16th, and 10th percentile, respectively), signaling disciplined payout linkage to performance . The firm maintains anti-hedging/anti-pledging policies, clawback provisions, and stock ownership guidelines (3x salary for EVP+) that govern executives, shaping alignment and risk oversight .

Company financial trend indicators:

Values retrieved from S&P Global.

• No citation returned; values retrieved from S&P Global.

Past Roles

External Roles

No external directorships or public company boards disclosed for Yaney.

Fixed Compensation

Not separately disclosed (Brad Yaney is not an NEO in SFNC’s 2025 proxy) .

Performance Compensation

2024 short-term incentive (CIP) design for named executives (reference framework; other business executives may have tailored components and weightings):

Long-term incentive plan (LTIP) PSUs for 2026 performance period (granted in 2024):

Historical PSU outcome (granted 2022, performance period ending 2024):

Equity Ownership & Alignment

• Stock ownership guidelines: EVP and above must hold shares/equity instruments valued at 3x base salary; 5 years allowed to reach compliance; restrictions on liquidating equity until guidelines met .
• Anti-hedging/anti-pledging: Directors and senior officers (≥SVP) are prohibited from hedging or pledging SFNC securities; any exception requires NCGC approval .
• Clawback: Incentive compensation subject to recoupment upon accounting restatement under Board-adopted clawback policy; incorporated into cash/equity plans, including the 2023 Plan .
• Split-Dollar Life Insurance Plan: Participant Death Benefit for Brad Yaney: $648,000 .
• 2025 equity offering lock-up: Brad Yaney was among executive officers executing lock-up agreements in the July 2025 offering (public price $18.50; officer purchase price mechanics noted), implying near-term selling restrictions around the offering window .

Employment Terms

• Change-in-Control Agreement: SFNC discloses CIC agreements for senior management; Brad Yaney has an Executive CIC Severance Agreement dated November 4, 2022 (plus indemnification agreement), as listed in 2024 10-K exhibits .
• CIC economics (company framework): Double trigger required (actual or constructive termination following a change in control); lump sum of 2–3x base salary plus incentive (higher of target CIP for year of termination or average of last two actual CIP awards); accelerated or continued vesting of equity awards per plan terms; CIP pro-rated at target; vesting of deferred comp conditions voided upon CIC for NEOs described; excise tax gross-up applies only to a specified executive (not a general feature of new CICs) .
• Indemnification: Executives have indemnification agreements (Brad Yaney’s dated Nov 4, 2022) .

Insider Transactions and Vesting-Related Activity

Note: Additional Form 4 index pages and summaries confirming Yaney’s reporting CIK and SFNC as issuer are available .

Performance & Track Record

• Credit portfolio oversight context: SFNC nonperforming assets increased $39.5M from Dec 31, 2024 to Sep 30, 2025, driven by two credits placed on nonaccrual (a $26.7M downtown St. Louis hotel originated pre-pandemic; a $22.6M fast-food operator), illustrating portfolio-specific stress areas under credit risk management .
• PSU plan outcome: 0% payout on 2022 PSUs indicates rigorous performance gating (Core ROAA/Core ROTCE/TSR below threshold), reinforcing pay-for-performance alignment .
• Say-on-pay: 2024 vote approved prior-year NEO compensation at ~93% in favor, indicating broad shareholder support for pay design .

Compensation Structure & Governance Mechanics

• Peer benchmarking: Compensation peer group of 20 regional banks (median assets ~$30.5B) guides pay levels/policies; Pearl Meyer engaged as independent consultant; incentive mix emphasizes performance-based pay (cash and equity) .
• Equity instruments: Recent LTIP mix 50% RSUs (time-vested over ~3 years) and 50% PSUs (TBV/TSR, 3-year period; 50–200% payout); options not granted in 2024; timing/pricing policies restrict in-the-money grants .

Equity Ownership & Alignment (Policies Overview)

• Ownership guideline (EVP+): 3x salary; measured annually; 5-year compliance window; restrictions on selling equity compensation until compliant .
• Anti-hedging/pledging: Prohibitions for directors/senior officers; exceptions require NCGC approval .
• Clawback: Restatement-triggered recoupment across incentive plans .
• Lock-up: Executed for July 2025 equity offering; executive list includes Brad Yaney .
• Split-Dollar life insurance: Participant Death Benefit of $648,000 for Yaney .

Employment Terms

Investment Implications

• Alignment: Anti-pledging/hedging, clawback, ownership guidelines, and zero PSU payout for underperformance suggest strong pay-for-performance mechanics and reduced misalignment risk .
• Retention and change-in-control: Existence of a CIC agreement for Yaney with double-trigger protection reduces flight risk during M&A cycles, while avoiding single-trigger/gross-up features in newly approved CICs mitigates shareholder-unfriendly optics .
• Selling pressure: 2025 lock-up obligations and observed small ESPP acquisitions indicate limited near-term selling pressure from Yaney; monitor future Form 4s around vesting dates for tax-withholding sales (F-code) or discretionary sales .
• Execution risk: Credit risk metrics in 2025 (rising NPAs due to specific credits) underscore the importance of Yaney’s portfolio oversight; continued monitoring of charge-offs, modifications to borrowers experiencing financial difficulty (FDMs), and sector exposures is warranted .