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MAKRIS GEORGE A III

Disclosed activity across 1 company

Tapewire entity
62454
SEC CIK
0001808047

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
SIMMONS FIRST NATIONAL CORPSFNC · Entity 4185EVP, Gen. Counsel & Corp. SecMarch 04, 2026March 06, 2026

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

SIMMONS FIRST NATIONAL CORP

Report date March 04, 2026 · Filed March 06, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
SFNC Common StockSEC Table I · non-derivativeDirect49,024 Reported balance After 2026-03-04 transaction · row 1 Account or security details depend on footnotes; rows are not merged.
1 source row

Row 1 · 2026-03-04 · Exercise / conversion · Acquired 1,913 · Balance 49,024

F1: Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.

F2: Correction to the amount the Reporting Person owns from Form 4 filed March 4, 2026 which inadvertently reported the same 200 shares acquired under a dividend reinvestment plan twice.

SFNC Common StockSEC Table I · non-derivativeDirect48,483 Reported balance After 2026-03-04 transaction · row 2 Account or security details depend on footnotes; rows are not merged.
1 source row

Row 2 · 2026-03-04 · Tax withholding · Disposed 541 · Balance 48,483

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect2,387 Reported balance After 2026-03-04 transaction · row 4 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 4 · 2026-03-04 · Exercise / conversion · Disposed 1,913 · Balance 2,387

F1: Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.

F3: The Restricted Stock Units vested on March 4, 2026.

F4: 1,193 Restricted Stock Units vest on March 4, 2027; and 1,194 Restricted Stock Units vest on March 4, 2028. SFNC shares will be delivered to the reporting person within 30 days of vesting. Events such as retirement, death, disability, and other specified events in the award agreement may result in earlier vesting.

SFNC Common StockSEC Table I · non-derivativeIndirectBy Spouse1,780 Reported balance Holding disclosure · report date 2026-03-04 · row 3 Holding and transaction disclosures are not merged.
1 source row

Row 3 · Balance 1,780

Filing footnotes · ownership attribution and instrument terms

F1: Restricted Stock Units convert into shares of SFNC common stock on a one-for-one basis.

F2: Correction to the amount the Reporting Person owns from Form 4 filed March 4, 2026 which inadvertently reported the same 200 shares acquired under a dividend reinvestment plan twice.

F3: The Restricted Stock Units vested on March 4, 2026.

F4: 1,193 Restricted Stock Units vest on March 4, 2027; and 1,194 Restricted Stock Units vest on March 4, 2028. SFNC shares will be delivered to the reporting person within 30 days of vesting. Events such as retirement, death, disability, and other specified events in the award agreement may result in earlier vesting.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
April 21, 2022 Filed Apr 25, 2022 19:31 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionCommon Stock 1,013 $25.49 $25,821.37
Disclosure

SEC source: 0001171843-22-002761 · ownership.xml · nonDerivative · entry 1

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,125

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
February 26, 2022 Filed Mar 1, 2022 23:23 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionRestricted Stock Unit · Derivative 873 $0.00 Strike: $28.61 $0.00
Disclosure

SEC source: 0001171843-22-001525 · ownership.xml · derivative · entry 7

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 874

Underlying: Common · 873 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The Restricted Stock Unit vested on February 26, 2022. Shares will be delivered within 30 days of vesting.

F1 · derivative.expiration_date: The Restricted Stock Unit vested on February 26, 2022. Shares will be delivered within 30 days of vesting.

F2 · balance_after: 874 Restricted Stock Units vest on February 26, 2023. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.

Read SEC document
February 26, 2022 Filed Mar 1, 2022 23:23 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionRestricted Stock Unit · Derivative 510 $0.00 Strike: $28.61 $0.00
Disclosure

SEC source: 0001171843-22-001525 · ownership.xml · derivative · entry 6

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common · 510 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The Restricted Stock Unit vested on February 26, 2022. Shares will be delivered within 30 days of vesting.

F1 · derivative.expiration_date: The Restricted Stock Unit vested on February 26, 2022. Shares will be delivered within 30 days of vesting.

Read SEC document
February 26, 2022 Filed Mar 1, 2022 23:23 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Tax withholdingCommon Stock 261 $28.61 $7,467.21
Disclosure

SEC source: 0001171843-22-001525 · ownership.xml · nonDerivative · entry 4

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,112

Read SEC document
February 26, 2022 Filed Mar 1, 2022 23:23 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionCommon Stock 873 $28.61 $24,976.53
Disclosure

SEC source: 0001171843-22-001525 · ownership.xml · nonDerivative · entry 3

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,373

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
February 26, 2022 Filed Mar 1, 2022 23:23 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Tax withholdingCommon Stock 153 $28.61 $4,377.33
Disclosure

SEC source: 0001171843-22-001525 · ownership.xml · nonDerivative · entry 2

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,500

Read SEC document
February 26, 2022 Filed Mar 1, 2022 23:23 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionCommon Stock 510 $28.61 $14,591.10
Disclosure

SEC source: 0001171843-22-001525 · ownership.xml · nonDerivative · entry 1

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,653

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
February 23, 2022 Filed Feb 25, 2022 21:37 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 GrantRestricted Stock Unit · Derivative 3,630 $0.00 $0.00
Disclosure

SEC source: 0001171843-22-001392 · ownership.xml · derivative · entry 3

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,630

Underlying: Common · 3,630 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.

F2 · derivative.exercise_date: 1,210 Restricted Stock Units vest on February 23, 2023; 1,210 Restricted Stock Units vest on February 23, 2024; and 1,210 Restricted Stock Units vest on February 23, 2025. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.

F2 · derivative.expiration_date: 1,210 Restricted Stock Units vest on February 23, 2023; 1,210 Restricted Stock Units vest on February 23, 2024; and 1,210 Restricted Stock Units vest on February 23, 2025. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.

Read SEC document
December 16, 2021 Filed Dec 17, 2021 21:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionRestricted Stock Unit · Derivative 3,134 $0.00 Strike: $29.46 $0.00
Disclosure

SEC source: 0001171843-21-008604 · ownership.xml · derivative · entry 4

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,135

Underlying: Common · 3,134 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The Restricted Stock Unit vested on December 16, 2021. Shares will be delivered within 30 days of vesting.

F1 · derivative.expiration_date: The Restricted Stock Unit vested on December 16, 2021. Shares will be delivered within 30 days of vesting.

F2 · balance_after: 3,135 Restricted Stock Units vest on December 16, 2022. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.

Read SEC document
December 16, 2021 Filed Dec 17, 2021 21:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Tax withholdingCommon Stock 949 $29.46 $27,957.54
Disclosure

SEC source: 0001171843-21-008604 · ownership.xml · nonDerivative · entry 2

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,143

Read SEC document
December 16, 2021 Filed Dec 17, 2021 21:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionCommon Stock 3,134 $29.46 $92,327.64
Disclosure

SEC source: 0001171843-21-008604 · ownership.xml · nonDerivative · entry 1

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,092

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · balance_after: Includes 536 shares acquired by the Reporting Person under a dividend reinvestment program.

Read SEC document
April 21, 2021 Filed Apr 23, 2021 21:57 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 GrantRestricted Stock Unit · Derivative 3,039 $0.00 $0.00
Disclosure

SEC source: 0001171843-21-002717 · ownership.xml · derivative · entry 3

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,039

Underlying: Common · 3,039 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.

F2 · derivative.exercise_date: 1,013 Restricted Stock Units vest on April 21, 2022; 1,013 Restricted Stock Units vest on April 21, 2023; and 1,013 Restricted Stock Units vest on April 21, 2024. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.

F2 · derivative.expiration_date: 1,013 Restricted Stock Units vest on April 21, 2022; 1,013 Restricted Stock Units vest on April 21, 2023; and 1,013 Restricted Stock Units vest on April 21, 2024. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.

Read SEC document
February 26, 2021 Filed Mar 2, 2021 23:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionRestricted Stock Unit · Derivative 873 $0.00 Strike: $29.28 $0.00
Disclosure

SEC source: 0001171843-21-001471 · ownership.xml · derivative · entry 10

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,747

Underlying: Common · 873 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The Restricted Stock Unit vested on February 26, 2021. Shares will be delivered within 30 days of vesting.

F1 · derivative.expiration_date: The Restricted Stock Unit vested on February 26, 2021. Shares will be delivered within 30 days of vesting.

F3 · balance_after: 873 Restricted Stock Units vest on February 26, 2022 and 874 Restricted Stock Units vest on February 26, 2023. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.

Read SEC document
February 26, 2021 Filed Mar 2, 2021 23:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionRestricted Stock Unit · Derivative 509 $0.00 Strike: $29.28 $0.00
Disclosure

SEC source: 0001171843-21-001471 · ownership.xml · derivative · entry 9

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 510

Underlying: Common · 509 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The Restricted Stock Unit vested on February 26, 2021. Shares will be delivered within 30 days of vesting.

F1 · derivative.expiration_date: The Restricted Stock Unit vested on February 26, 2021. Shares will be delivered within 30 days of vesting.

F2 · balance_after: The remaining Restricted Stock Units vest on February 26, 2022. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.

Read SEC document
February 26, 2021 Filed Mar 2, 2021 23:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionRestricted Stock Unit · Derivative 469 $0.00 Strike: $29.28 $0.00
Disclosure

SEC source: 0001171843-21-001471 · ownership.xml · derivative · entry 8

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common · 469 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The Restricted Stock Unit vested on February 26, 2021. Shares will be delivered within 30 days of vesting.

F1 · derivative.expiration_date: The Restricted Stock Unit vested on February 26, 2021. Shares will be delivered within 30 days of vesting.

Read SEC document
February 26, 2021 Filed Mar 2, 2021 23:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Tax withholdingCommon Stock 263 $29.28 $7,700.64
Disclosure

SEC source: 0001171843-21-001471 · ownership.xml · nonDerivative · entry 6

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,422

Read SEC document
February 26, 2021 Filed Mar 2, 2021 23:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionCommon Stock 873 $29.28 $25,561.44
Disclosure

SEC source: 0001171843-21-001471 · ownership.xml · nonDerivative · entry 5

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,685

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
February 26, 2021 Filed Mar 2, 2021 23:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Tax withholdingCommon Stock 181 $29.28 $5,299.68
Disclosure

SEC source: 0001171843-21-001471 · ownership.xml · nonDerivative · entry 4

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,812

Read SEC document
February 26, 2021 Filed Mar 2, 2021 23:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionCommon Stock 509 $29.28 $14,903.52
Disclosure

SEC source: 0001171843-21-001471 · ownership.xml · nonDerivative · entry 3

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,993

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
February 26, 2021 Filed Mar 2, 2021 23:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Tax withholdingCommon Stock 167 $29.28 $4,889.76
Disclosure

SEC source: 0001171843-21-001471 · ownership.xml · nonDerivative · entry 2

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,484

Read SEC document
February 26, 2021 Filed Mar 2, 2021 23:41 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionCommon Stock 469 $29.28 $13,732.32
Disclosure

SEC source: 0001171843-21-001471 · ownership.xml · nonDerivative · entry 1

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,651

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · balance_after: Includes 803 shares acquired by the Reporting Person under a dividend reinvestment program.

Read SEC document
December 16, 2020 Filed Dec 18, 2020 22:24 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionRestricted Stock Unit · Derivative 3,134 $0.00 Strike: $21.24 $0.00
Disclosure

SEC source: 0001171843-20-008642 · ownership.xml · derivative · entry 4

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,269

Underlying: Common · 3,134 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: The Restricted Stock Unit vested on December 16, 2020. Shares will be delivered within 30 days of vesting.

F1 · derivative.expiration_date: The Restricted Stock Unit vested on December 16, 2020. Shares will be delivered within 30 days of vesting.

F2 · balance_after: 3,134 Restricted Stock Units vest on December 16, 2021 and 3,135 Restricted Stock Units vest on December 16, 2022. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.

Read SEC document
December 16, 2020 Filed Dec 18, 2020 22:24 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Tax withholdingCommon Stock 980 $21.24 $20,815.20
Disclosure

SEC source: 0001171843-20-008642 · ownership.xml · nonDerivative · entry 2

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,379

Read SEC document
December 16, 2020 Filed Dec 18, 2020 22:24 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Exercise / conversionCommon Stock 3,134 $21.24 $66,566.16
Disclosure

SEC source: 0001171843-20-008642 · ownership.xml · nonDerivative · entry 1

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,359

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
September 08, 2020 Filed Sep 10, 2020 21:59 UTC SIMMONS FIRST NATIONAL CORP SFNC · Entity 4185 Tax withholdingCommon Stock 313 $16.80 $5,258.40
Disclosure

SEC source: 0001171843-20-006397 · ownership.xml · nonDerivative · entry 1

MAKRIS GEORGE A III · CIK 0001808047 · EVP, Gen. Counsel & Corp. Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,225

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.