Director at Renasant Corp (RNST) receives 2,060 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Butler Gary D. reported acquisition or exercise transactions in this Form 4 filing.
Renasant Corp director Gary D. Butler received a grant of 2,060 shares of common stock as equity compensation. The award is service-based restricted stock granted at no cash purchase price and increases his direct holdings to 15,249 shares. According to the plan terms, these restricted shares will vest on April 27, 2027, if service conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Butler Gary D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,060 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,249 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 2,060 shares
Grant price: $0.0000 per share
Holdings after grant: 15,249 shares
+1 more
4 metrics
Restricted stock grant
2,060 shares
Service-based restricted common stock awarded April 28, 2026
Grant price
$0.0000 per share
Equity compensation grant with no cash purchase price
Holdings after grant
15,249 shares
Total direct common stock held by Gary D. Butler after transaction
Vesting date
April 27, 2027
Service-based restricted stock vesting under 2020 Long Term Incentive Plan
Key Terms
service-based restricted stock, 2020 Long Term Incentive Plan, Form 4
3 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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did RNST director Gary D. Butler report?
Director Gary D. Butler reported receiving a grant of 2,060 shares of Renasant Corp common stock. The award is service-based restricted stock issued as compensation, not an open-market purchase, and increased his direct holdings to 15,249 shares following the transaction.
Was the RNST insider transaction a stock purchase or a grant?
The RNST insider transaction was a stock grant, not a market purchase. Gary D. Butler received 2,060 shares of service-based restricted stock at no cash price under a long-term incentive plan, reflecting equity compensation rather than a discretionary buy.