Renasant (RNST) EVP reports share forfeiture and tax withholding
Rhea-AI Filing Summary
RENASANT CORP Executive Vice President Meredith David reported routine equity adjustments rather than open-market trades. On the completion of the 2023 three-year performance cycle, 1,697 shares of common stock were forfeited back to the issuer from a previously reported target award. Separately, 3,001 shares of common stock at $34.39 per share were delivered to cover tax obligations. After these dispositions, David directly holds 61,513 shares of Renasant common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,698 shares
Net Sell
2 txns
Insider
Meredith David
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 1,697 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,001 | $34.39 | $103K |
Holdings After Transaction:
Common Stock — 61,513 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 transactions did Renasant (RNST) EVP Meredith David report?
Meredith David reported two dispositions of Renasant common stock. She forfeited 1,697 shares back to the issuer after a three-year performance cycle and used 3,001 shares, valued at $34.39 each, to satisfy tax obligations, leaving 61,513 shares held directly.
Were Meredith David’s RNST stock transactions open-market sales?
The transactions were not open-market sales. One entry reflects 1,697 shares forfeited to the issuer after a completed performance cycle, while the other shows 3,001 shares delivered at $34.39 per share to cover tax liabilities, a standard compensation-related withholding.
What transaction codes were used in Meredith David’s RNST Form 4 filing?
The filing shows a D code for 1,697 shares, indicating a disposition to the issuer tied to performance share forfeiture, and an F code for 3,001 shares, indicating shares delivered at $34.39 each to cover tax or exercise-related obligations on compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.