Renasant director awarded 232.56 phantom stock units
Renasant Corp director Sean M. Suggs received a grant of 232.56 phantom stock units linked to the company’s common stock.
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Rhea-AI Filing Summary
Renasant Corp director Sean M. Suggs received a grant of 232.56 phantom stock units linked to the company’s common stock. The award was made at a reference price of $37.62 per unit and increases his phantom stock holdings to 11,614.87 units.
The phantom stock units accrue under the Renasant DSU Plan and are settled 100% in common stock when Suggs retires or upon approved hardship reasons. Each phantom stock unit converts into one share of Renasant common stock, and dividends are paid quarterly and reinvested into additional phantom stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 232.56 | $37.62 | $9K |
Footnotes (1)
- F1. The phantom stock units are accrued under the Renasant DSU Plan. The units are settled 100% in the Company's common stock upon the reporting person's retirement or upon approved hardship reasons. The conversion price is one phantom stock unit for one share of the Company's common stock. Dividends are paid quarterly and reinvested on the phantom stock.
Key Figures
Key Terms
Phantom Stock financial
Renasant DSU Plan financial
hardship reasons financial
Dividends are paid quarterly financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Renasant Corp (RNST) director Sean M. Suggs report in this Form 4?
How many phantom stock units does Sean M. Suggs hold after this RNST transaction?
What are the key terms of the phantom stock grant reported for RNST?
When will the phantom stock units for Renasant Corp (RNST) be settled?
How do dividends work on the RNST phantom stock units granted to Sean M. Suggs?
AI-generated analysis. How Rhea-AI works. Not financial advice.