Renasant Corp (RNST) director awarded 2,060 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOY JOHN reported acquisition or exercise transactions in this Form 4 filing.
Renasant Corp director John Foy received a grant of 2,060 shares of common stock as a service-based restricted stock award. The award was made at no cash cost per share and was granted under the company’s 2020 Long Term Incentive Plan.
The restricted stock will vest on April 27, 2027, if service-based conditions are met. After this grant, Foy directly holds a total of 41,791 shares of Renasant Corp common stock, reflecting his ongoing equity-based compensation and alignment with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FOY JOHN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,060 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 41,791 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 2,060 shares
Grant price per share: $0.00 per share
Shares held after transaction: 41,791 shares
+1 more
4 metrics
Restricted stock granted
2,060 shares
Service-based award to director John Foy
Grant price per share
$0.00 per share
Compensation-related restricted stock award
Shares held after transaction
41,791 shares
John Foy’s direct Renasant Corp holdings post-grant
Vesting date
April 27, 2027
Service-based restricted stock vesting date
Key Terms
restricted stock, 2020 Long Term Incentive Plan, service-based, Form 4
4 terms
restricted stock financial
"Service-based restricted stock awarded under the 2020 Long Term Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2020 Long Term Incentive Plan financial
"Service-based restricted stock awarded under the 2020 Long Term Incentive Plan."
service-based financial
"Service-based restricted stock awarded under the 2020 Long Term Incentive Plan."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Renasant Corp (RNST) disclose for John Foy?
Renasant Corp reported that director John Foy received a grant of 2,060 shares of common stock as a service-based restricted stock award. This equity grant is part of his compensation and does not represent an open-market purchase or sale of shares.
At what price was John Foy’s Renasant Corp restricted stock granted?
The 2,060 restricted shares granted to John Foy were issued at a stated price of $0.00 per share. This indicates a compensation-related stock award rather than a cash purchase and is typical for equity incentives granted under long-term incentive plans.
What plan governs John Foy’s restricted stock award at Renasant Corp (RNST)?
John Foy’s 2,060-share restricted stock award was granted under Renasant Corp’s 2020 Long Term Incentive Plan. This plan provides equity-based compensation, such as restricted stock, designed to reward service and align directors’ and executives’ interests with shareholders over time.