Trustmark secretary awarded 6,841 shares in RSU vesting
Trustmark Corporation Secretary Tate Granville Jr reported mixed stock transactions involving performance-based awards.
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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,841 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,940 | $44.82 | $87K |
Footnotes (2)
- F1. 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.
- F2. 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?
What plan governed the performance-based RSUs in the Trustmark (TRMK) Form 4?
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