[Form 4] Trustmark Corp Insider Trading Activity
Trustmark Corporation (TRMK) director Eduardo Marcelo L reported a sale of common stock on 08/18/2025. The filing shows 700 shares sold at $38.49 per share, leaving the reporting person with 8,577 shares held directly. The report also discloses 1,508 shares held indirectly by spouse, which includes 10 shares acquired through a dividend reinvestment plan as of June 30, 2025.
The Form 4 is filed by one reporting person and is signed via power of attorney by Granville Tate, Jr. on 08/19/2025. The document lists the reporting person as a director of the issuer and provides the transaction code as "S" indicating a sale.
- Transaction fully documented with price, amount, and post-transaction holdings disclosed
- Indirect ownership clarified by noting spouse holdings and the 10-share dividend reinvestment entry
- Director sold 700 shares, reducing direct ownership to 8,577 shares
- No additional context provided on reason for sale within the filing
Insights
TL;DR: A director sold a small block of shares; the filing shows modest remaining holdings and an indirect spouse holding.
The reported sale of 700 shares at $38.49 is a discrete insider disposition that reduces the director's direct stake to 8,577 shares. For a public company, this level of sale is a routine insider liquidity event rather than a large, dilutive or governance-altering transaction. The filing includes an indirect holding of 1,508 shares by the spouse, clarifying beneficial ownership. No options, derivatives, or additional compensatory transactions are reported in Table II.
TL;DR: Disclosure is straightforward: director sold shares and reported both direct and spousal indirect ownership.
The Form 4 identifies the reporting person as a director and records the sale with transaction code "S", which is the standard code for a sale. The presence of a power of attorney signature indicates the form was executed on behalf of the reporting person. The filing documents ownership levels post-transaction (8,577 direct; 1,508 indirect) and notes a 10-share DRIP acquisition dated June 30, 2025, enhancing traceability of insider holdings for governance review.