Renasant Corp (RNST) EVP forfeits shares and withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Renasant Corp Executive Vice President James Scott Cochran reported routine share adjustments tied to equity compensation, not open-market trading. He returned 2,279 shares of common stock to the issuer after completion of the 2023 three-year performance cycle, forfeiting part of a previously reported target award. An additional 3,986 shares were withheld at $34.39 per share to cover tax obligations. Following these dispositions, he directly holds 125,040 common shares, plus indirect holdings of 3,462 shares in a 401(k) plan and 318 shares held for his children.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
COCHRAN JAMES SCOTT
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 2,279 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,986 | $34.39 | $137K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 129,026 shares (Direct);
Common Stock — 3,462 shares (Indirect, 401(k))
Footnotes (1)
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FAQ
What insider transaction did Renasant Corp (RNST) report for James Scott Cochran?
Renasant Corp reported that Executive Vice President James Scott Cochran returned 2,279 common shares to the company and had 3,986 shares withheld for taxes. These actions relate to equity compensation and do not reflect an open-market stock purchase or sale decision.