Trustmark Corp (TRMK) CEO reports stock award vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trustmark Corp President & CEO Duane A. Dewey reported a mix of equity award vesting and tax-related share withholding in common stock. He acquired 23,260 shares on February 17, 2026 at $0.00 per share from a performance-based restricted stock unit award granted on February 15, 2023, which vested at 165% after the performance period ended on December 31, 2025. To cover tax withholding obligations tied to this vesting, 8,847 shares were disposed of at $44.82 per share. Following these transactions, Dewey directly owned 148,294 shares of common stock and indirectly held 5,757 shares through a company-sponsored 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
DEWEY DUANE A
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,260 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,847 | $44.82 | $397K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 157,141 shares (Direct);
Common Stock — 5,757 shares (Indirect, By Company-Sponsored 401(k))
Footnotes (1)
- Reflects 165% vesting of performance-based restricted stock units granted February 15, 2023, under the Trustmark Corporation Amended and Restated Stock and Incentive Compensation Plan. The performance period for the award ended on December 31, 2025, and vesting of the award was certified by the Human Resources Committee on February 17, 2026. Shares withheld to satisfy tax withholding obligations in connection with vesting of performance-based restricted stock units granted February 15, 2023.
FAQ
What insider transactions did Trustmark Corp (TRMK) CEO Duane Dewey report?
Duane Dewey reported a stock award vesting and related tax-share withholding. He acquired 23,260 common shares at $0.00 per share from performance-based restricted stock units and had 8,847 shares withheld at $44.82 per share to satisfy tax obligations tied to the vesting.
What is the nature of the equity award reported by Trustmark Corp (TRMK) CEO?
The equity award is a performance-based restricted stock unit grant made on February 15, 2023. It vested at 165% after a performance period ending December 31, 2025, with vesting officially certified by the Human Resources Committee on February 17, 2026 for the reported share amount.