Renasant (NASDAQ: RNST) CFO forfeits shares and covers taxes with stock
Rhea-AI Filing Summary
Renasant Corp EVP and CFO James C. Mabry IV reported two non-market share dispositions of company common stock. He forfeited 2,279 shares back to the issuer after completion of the 2023 three-year performance cycle, reducing his holdings to 103,058 shares at that point. On the same date, 5,272 shares were delivered at $34.39 per share to cover tax obligations or exercise price, a tax-withholding disposition rather than an open-market sale, leaving him with 97,786 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,551 shares
Net Sell
2 txns
Insider
Mabry James C. IV
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 2,279 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,272 | $34.39 | $181K |
Holdings After Transaction:
Common Stock — 97,786 shares (Direct)
Footnotes (1)
- F1. After the completion of the 2023 3-year performance cycle, this is the number of share forfeited from the target amount previously reported on 1/4 /2023.
FAQ
What insider transaction did Renasant (RNST) report for CFO James C. Mabry IV?
Renasant reported that EVP and CFO James C. Mabry IV forfeited shares and had additional shares withheld for taxes. These dispositions were related to equity compensation and tax obligations, rather than open-market stock sales, and reflect routine administrative adjustments to his holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.