Trustmark Corp (TRMK) director granted 1,396-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRUSTMARK CORP director Harris V. Morrissette received a grant of 1,396 shares of Common Stock on April 28, 2026. The award was recorded at a price of $0.00 per share, reflecting compensation rather than an open-market purchase. After this grant, his directly owned stake increased to 37,381 shares.
As of April 28, 2026, his holdings include 1,698 shares acquired through the TRMK Employee and Director Stock Purchase Plan and 461 shares accumulated via the dividend reinvestment plan, illustrating ongoing participation in company equity programs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MORRISSETTE HARRIS V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,396 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,381 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Share grant size: 1,396 shares
Grant price: $0.00 per share
Direct holdings after transaction: 37,381 shares
+2 more
5 metrics
Share grant size
1,396 shares
Common Stock award on April 28, 2026
Grant price
$0.00 per share
Compensation-related stock award
Direct holdings after transaction
37,381 shares
Common Stock owned following April 28, 2026 grant
Employee & Director Stock Purchase Plan shares
1,698 shares
Acquired through TRMK plan as of April 28, 2026
Dividend reinvestment plan shares
461 shares
Held via dividend reinvestment as of April 28, 2026
Key Terms
Common Stock, Employee and Director Stock Purchase Plan, dividend reinvestment plan, Grant, award, or other acquisition
4 terms
Common Stock financial
"security_title: "Common Stock" for the April 28, 2026 grant"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Employee and Director Stock Purchase Plan financial
"Includes 1698 shares acquired through TRMK Employee and Director Stock Purchase Plan"
dividend reinvestment plan financial
"and 461 through dividend reinvestment plan as of April 28, 2026"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did TRMK disclose for Harris V. Morrissette?
TRMK disclosed that director Harris V. Morrissette received a grant of 1,396 shares of Common Stock on April 28, 2026. The shares were awarded at $0.00 per share as compensation, increasing his directly owned stake to 37,381 shares following the transaction.
Was the TRMK Form 4 transaction an open-market buy or sale?
The Form 4 for TRMK shows a grant or award acquisition, not an open-market buy or sale. Code "A" indicates a grant of 1,396 Common Stock shares at $0.00 per share, so it reflects equity compensation rather than a discretionary market trade.
What does transaction code "A" mean in the TRMK Form 4 filing?
In the TRMK Form 4, transaction code "A" denotes a grant, award, or other acquisition of securities. For Harris V. Morrissette, it represents a compensation-related award of 1,396 Common Stock shares at $0.00 per share, rather than a market purchase transaction.