Renasant Corp (RNST) director receives 2,060-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DALE ALBERT J III reported acquisition or exercise transactions in this Form 4 filing.
Renasant Corp director Albert J. Dale III reported an equity award of company stock. He received a grant of 2,060 shares of common stock as service-based restricted stock under the 2020 Long Term Incentive Plan at a stated price of $0.00 per share.
The footnote explains these restricted shares will vest on April 27, 2027, meaning they are subject to continued service or other vesting conditions until that date. Following the award, he directly holds 41,725 shares of common stock and indirectly reports 203 shares held for grandchildren.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DALE ALBERT J III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,060 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 41,725 shares (Direct, null);
Common Stock — 203 shares (Indirect, Grandchildren)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock award: 2,060 shares
Direct holdings after award: 41,725 shares
Indirect holdings: 203 shares
+2 more
5 metrics
Restricted stock award
2,060 shares
Service-based restricted stock grant, code A
Direct holdings after award
41,725 shares
Common stock directly owned following transaction
Indirect holdings
203 shares
Common stock reported as indirectly owned for grandchildren
Vesting date
April 27, 2027
Vesting date for service-based restricted stock award
Award price per share
$0.00 per share
Stated price for restricted stock grant
Key Terms
service-based restricted stock, 2020 Long Term Incentive Plan, indirect, Grant, award, or other acquisition
4 terms
service-based restricted stock financial
"Service-based restricted stock awarded under the 2020 Long Term Incentive Plan."
2020 Long Term Incentive Plan financial
"Service-based restricted stock awarded under the 2020 Long Term Incentive Plan."
indirect financial
"ownership_type": "indirect"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did RENASANT CORP (RNST) report for Albert J. Dale III?
Renasant Corp reported that director Albert J. Dale III received a grant of 2,060 shares of common stock as service-based restricted stock. This was recorded as a compensation-related award, not an open-market purchase or sale, reflecting part of his long-term incentive package.
When do the new restricted stock awards for RNST’s director vest?
The 2,060 service-based restricted shares awarded to director Albert J. Dale III are scheduled to vest on April 27, 2027. Until vesting, these shares remain subject to the terms of the 2020 Long Term Incentive Plan and applicable service conditions.
Was the RNST insider transaction a market buy or sell?
The Form 4 shows a grant coded as an acquisition (code A), representing a stock award, not a market buy or sell. The 2,060 shares were issued with a reported price of $0.00 per share as part of compensation, not through open-market trading.
What is the nature of the indirect RNST holdings reported for Albert J. Dale III?
The filing lists 203 shares of Renasant Corp common stock as indirectly owned with the notation “Grandchildren.” This entry reflects shares reported for the benefit of grandchildren, separate from his 41,725 directly held shares shown after the award transaction.