Renasant (RNST) awards director 2,060 restricted shares vesting 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Renasant Corp director Jonathan A. Levy reported an equity award of 2,060 shares of common stock as a grant or award acquisition. The shares were granted at a price of $0.00 per share as service-based restricted stock awarded under the 2020 Long Term Incentive Plan.
According to the filing, these restricted shares will vest on April 27, 2027, if service conditions are met. After this grant, Levy directly owns 12,346 shares of common stock and indirectly holds 12,025 shares through a Family Trust, showing both direct and indirect ownership stakes.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LEVY JONATHAN A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,060 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,346 shares (Direct, null);
Common Stock — 12,025 shares (Indirect, Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 2,060 shares
Grant price: $0.00 per share
Direct holdings after grant: 12,346 shares
+2 more
5 metrics
Restricted stock grant
2,060 shares
Service-based restricted stock under 2020 Long Term Incentive Plan
Grant price
$0.00 per share
Restricted stock award to director Jonathan A. Levy
Direct holdings after grant
12,346 shares
Common stock directly owned after April 28, 2026 grant
Indirect holdings
12,025 shares
Common stock held indirectly through a Family Trust
Vesting date
April 27, 2027
Vesting date for service-based restricted stock award
Key Terms
restricted stock, 2020 Long Term Incentive Plan, Family Trust
3 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."
Family Trust financial
"direct_or_indirect": "I", "nature_of_ownership": "Family Trust""
FAQ
What did Renasant (RNST) director Jonathan A. Levy report in this Form 4?
Jonathan A. Levy reported receiving 2,060 shares of Renasant common stock as a grant. The award is service-based restricted stock under the 2020 Long Term Incentive Plan and represents compensation, not an open-market purchase or sale of shares.
What is the role of the Family Trust in Jonathan A. Levy’s Renasant (RNST) holdings?
The Family Trust holds 12,025 shares of Renasant common stock indirectly for Levy. This means some of his economic interest in Renasant is through the trust, while the 2,060-share restricted stock grant increased his directly held position reported in the filing.