Renasant Corp director reports phantom stock award under DSU plan
Renasant Corp director reports additional phantom stock units under DSU plan.
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Rhea-AI Filing Summary
Renasant Corp director reports additional phantom stock units under DSU plan. A company director acquired 245.76 phantom stock units on 12/31/2025, recorded at a derivative security price of $35.6 per unit. Each phantom stock unit is convertible into one share of Renasant’s common stock. After this transaction, the director beneficially owns 11,310.06 phantom stock units, held directly. The units are accrued under the Renasant DSU Plan and will be settled 100% in common stock when the director retires or if an approved hardship occurs. Dividends on these units are paid quarterly and reinvested into additional phantom stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 245.76 | $35.60 | $9K |
Footnotes (1)
- F1. The phantom stock units are accrued under the Renasant DSU Plan. The units are settled 100% in the Company's common stock upon the reporting person's retirement or upon approved hardship reasons. The conversion price is one phantom stock unit for one share of the Company's common stock. Dividends are paid quarterly and reinvested on the phantom stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Renasant Corp (RNST) report in this filing?
The filing shows a director acquired 245.76 phantom stock units on 12/31/2025 under the Renasant DSU Plan, increasing their direct beneficial ownership to 11,310.06 phantom stock units.
What are the terms of the phantom stock units reported for Renasant Corp (RNST)?
Each phantom stock unit converts into one share of Renasant Corp common stock. The units are settled 100% in common stock upon the reporting person’s retirement or upon approved hardship reasons.
At what price were the new Renasant Corp (RNST) phantom stock units recorded?
The newly acquired 245.76 phantom stock units were recorded at a derivative security price of $35.6 per unit.
How many Renasant Corp (RNST) phantom stock units does the director own after this transaction?
Following the reported transaction, the director beneficially owns 11,310.06 phantom stock units, held in direct ownership.
How are dividends handled on Renasant Corp (RNST) phantom stock units?
Dividends on the phantom stock units are paid quarterly and reinvested into additional phantom stock units under the Renasant DSU Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.