Trustmark (TRMK) secretary gets 6,841-share award, 1,940 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trustmark Corporation Secretary Tate Granville Jr reported mixed stock transactions involving performance-based awards. On February 17, 2026, he acquired 6,841 shares of common stock at $0.00 per share through the vesting of performance-based restricted stock units originally granted on February 15, 2023. The award vested at 165% of target after the performance period ended on December 31, 2025 and was certified by the Human Resources Committee.
On the same date, 1,940 shares were disposed of at $44.82 per share, not as an open-market sale but as shares withheld to satisfy tax withholding obligations related to the vesting. After these transactions, Granville directly owned 57,958 shares of Trustmark common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tate Granville Jr
Role
Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,841 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,940 | $44.82 | $87K |
Holdings After Transaction:
Common Stock — 59,898 shares (Direct)
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 stock transactions did Trustmark (TRMK) Secretary Tate Granville report?
Tate Granville reported a grant-related acquisition of 6,841 Trustmark common shares and a tax-withholding disposal of 1,940 shares. Both transactions occurred on February 17, 2026 and relate to performance-based restricted stock units granted in February 2023.
What plan governed the performance-based RSUs in the Trustmark (TRMK) Form 4?
The performance-based restricted stock units vested under the Trustmark Corporation Amended and Restated Stock and Incentive Compensation Plan. The Human Resources Committee certified the vesting after the performance period ended on December 31, 2025.