Renasant Corp (RNST) Executive Vice Chairman sells 12,704 shares in open-market trade
Rhea-AI Filing Summary
Renasant Corp Executive Vice Chairman C. Mitchell Waycaster reported an open-market sale of company stock. On May 14, 2026, he sold 12,704 shares of Renasant Corp common stock at $39.50 per share in a non-derivative transaction.
Following the sale, Waycaster directly holds 183,235 common shares. He also has an indirect holding of 19,006 shares through a 401(k) plan. The filing shows a net reduction in his position, while he retains a substantial remaining stake in the company.
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Insights
Executive sells shares but maintains a large remaining stake.
C. Mitchell Waycaster, Executive Vice Chairman of Renasant Corp, reported an open-market sale of 12,704 common shares at $39.50 per share. The transaction is classified as a non-derivative sale, indicating a straightforward reduction of his common stock holdings.
After this sale, he directly owns 183,235 shares and indirectly holds 19,006 shares via a 401(k). The data shows no related option exercises or derivative activity in this filing, suggesting the move is a stand-alone sale rather than part of an exercise-and-sell pattern.
Given the remaining share count, this appears as a partial trim rather than an exit. The filing does not indicate any trading plan or special circumstances, so the event is best viewed as a routine insider sale without clear implications for the company’s broader outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,704 | $39.50 | $502K |
| holding | Common Stock | -- | -- | -- |