Longtime Trustmark (TRMK) retail banking president to retire; RSUs vest early

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Trustmark Corporation reported that Wayne A. Stevens, President - Retail Banking of Trustmark Bank, has notified the boards of his intention to retire effective July 3, 2026. He has been an associate of Trustmark Bank since 1986 and an executive officer since 2009.

In connection with his retirement, the Human Resources Committee approved accelerating the vesting of his unvested time-based restricted stock units. Apart from this equity vesting and payment of earned but unpaid wages and other standard amounts due under company policy, he will not receive severance or additional compensatory payments.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Retirement effective date: July 3, 2026 Start of association with bank: 1986 Executive officer since: 2009

3 metrics

Retirement effective date July 3, 2026 Effective retirement date for President - Retail Banking

Start of association with bank 1986 Year Wayne A. Stevens began as an associate of Trustmark Bank

Executive officer since 2009 Year Wayne A. Stevens became an executive officer

Key Terms

time-based restricted stock units, Human Resources Committee, Emerging growth company, Inline XBRL

4 terms

time-based restricted stock units financial

"approved the acceleration of vesting of his unvested time-based restricted stock units"

Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.

Human Resources Committee financial

"the Human Resources Committee of the Company’s Board of Directors approved the acceleration"

Emerging growth company regulatory

"405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Inline XBRL technical

"Cover Page Interactive Data File (embedded within the Inline XBRL document)"

Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

Understanding 8-K Material Events →

05/19/2026 - 04:45 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

May 15, 2026

Date of Report (Date of earliest event reported)

TRUSTMARK CORPORATION

(Exact name of registrant as specified in its charter)

     Mississippi

     000-03683

     64-0471500

     (State or other jurisdiction
of incorporation)

     (Commission
File Number)

     (IRS Employer
Identification No.)


248 East Capitol Street, Jackson, Mississippi		39201
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code:		(601) 208-5111

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered Pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, no par value	TRMK	Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02(b). Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 15, 2026, Wayne A. Stevens notified the Boards of Directors of Trustmark Corporation (the "Company") and its wholly owned subsidiary, Trustmark Bank (the “Bank”), of his intention to retire as President - Retail Banking of the Bank, effective as of July 3, 2026.

In connection with his retirement, the Human Resources Committee of the Company’s Board of Directors approved the acceleration of vesting of his unvested time-based restricted stock units. Otherwise, Mr. Stevens will not receive any severance or other compensatory payments in connection with his departure, other than payment of earned but unpaid wages and other amounts due in the ordinary course and consistent with Company policy.

Trustmark appreciates the distinguished service of Mr. Stevens, who has served as an associate of Trustmark Bank beginning in 1986, and as an Executive Officer since 2009. Over the last 40 years, Mr. Stevens has made significant contributions to the growth and expansion of the organization. Trustmark expresses its sincere gratitude for his commitment to our customers, associates, and the communities we serve.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits


Exhibit Number		Description of Exhibits
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TRUSTMARK CORPORATION


BY:		/s/ Joseph E. Bond
		Joseph E. Bond
		Treasurer and Principal Financial Officer

DATE:		May 19, 2026

Source: View Original Filing on SEC EDGAR

FAQ

What leadership change did Trustmark Corporation (TRMK) disclose in this 8-K?

Trustmark Corporation disclosed that Wayne A. Stevens, President - Retail Banking of Trustmark Bank, plans to retire effective July 3, 2026. He has served the organization since 1986 and as an executive officer since 2009, marking a long-tenured leadership role.

When will Trustmark executive Wayne A. Stevens retire from Trustmark Bank?

Wayne A. Stevens will retire as President - Retail Banking of Trustmark Bank effective July 3, 2026. His retirement follows approximately four decades with the organization, including service as an executive officer since 2009, reflecting a significant tenure in leadership.

What compensation will Wayne A. Stevens receive in connection with his retirement from TRMK?

In connection with his retirement, Wayne A. Stevens will receive accelerated vesting of his unvested time-based restricted stock units. He will also receive earned but unpaid wages and other standard amounts due under company policy, but no severance or other additional compensatory payments.

Did Trustmark approve severance for Wayne A. Stevens upon his retirement?

Trustmark did not approve severance for Wayne A. Stevens in connection with his retirement. Other than accelerated vesting of unvested time-based restricted stock units, he will receive only earned but unpaid wages and other routine amounts due under existing company policy.

How long has Wayne A. Stevens been with Trustmark Bank before his announced retirement?

Wayne A. Stevens has been an associate of Trustmark Bank since 1986 and an executive officer since 2009. His announced retirement effective July 3, 2026, concludes roughly forty years of service and a long period in senior leadership at the organization.

What role did the Human Resources Committee play in the TRMK executive retirement?

The Human Resources Committee of Trustmark Corporation’s Board of Directors approved acceleration of vesting for Wayne A. Stevens’ unvested time-based restricted stock units. This decision applies specifically in connection with his retirement as President - Retail Banking of Trustmark Bank on July 3, 2026.

Filing Exhibits & Attachments

1 document