Renasant (RNST) EVP Jeanfreau forfeits shares and withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Renasant Corp EVP/General Counsel Mark Jeanfreau reported routine share disposals tied to equity compensation. He returned 1,697 shares of common stock to the issuer after completion of the 2023 three-year performance cycle, as a forfeiture from the previously reported target award. He also had 3,302 shares withheld at $34.39 per share to cover tax obligations, a non-market transaction. After these entries, he directly holds 60,173 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jeanfreau Mark
Role
EVP/General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 1,697 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,302 | $34.39 | $114K |
Holdings After Transaction:
Common Stock — 63,475 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did RNST executive Mark Jeanfreau report?
Mark Jeanfreau reported two routine disposals of Renasant Corp common stock. He forfeited 1,697 shares back to the issuer after a three-year performance cycle and had 3,302 shares withheld at $34.39 per share to satisfy tax obligations on equity compensation.
Is there any indication of a trading plan in this RNST Form 4?
The disclosure describes a forfeiture after a performance cycle and tax withholding at $34.39 per share. It does not reference a Rule 10b5-1 trading plan; instead, it characterizes these events as compensation-related adjustments rather than planned open-market purchases or sales of Renasant Corp shares.