Trustmark (TRMK) executive gets 6,841-share award, with 1,940 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trustmark Corporation executive officer Wayne A. Stevens reported equity compensation activity involving company common stock. On February 17, 2026, he acquired 6,841 shares of common stock at $0.00 per share as a grant/award tied to performance-based restricted stock units granted on February 15, 2023.
The award reflected 165% vesting after a performance period that ended on December 31, 2025, with vesting certified by the Human Resources Committee on February 17, 2026. On the same date, 1,940 shares at $44.82 per share were disposed of to cover tax withholding obligations related to this vesting. Following these transactions, he directly owned 67,382 shares, and indirectly held 1,390 shares through a company-sponsored 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Stevens Wayne A
Role
Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,841 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,940 | $44.82 | $87K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 69,322 shares (Direct);
Common Stock — 1,390 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 (TRMK) executive Wayne A. Stevens report?
Wayne A. Stevens reported a grant of 6,841 common shares on February 17, 2026, linked to performance-based restricted stock units, and a disposition of 1,940 shares used to satisfy tax withholding obligations arising from that vesting event.
What does 165% vesting mean for Wayne A. Stevens’ Trustmark (TRMK) award?
The filing states the award vested at 165%, meaning performance exceeded the target level. This percentage applied to performance-based restricted stock units granted February 15, 2023, after a performance period ending December 31, 2025, certified by the Human Resources Committee.