Trustmark Corp (TRMK) CFO Owens has 1,319 shares withheld for taxes
Rhea-AI Filing Summary
Trustmark Corp officer Thomas C. Owens reported a tax-related share disposition. On February 13, 2026, 1,319 shares of Trustmark common stock were withheld at $44.73 per share to satisfy tax obligations tied to vesting restricted stock units granted February 15, 2023. After this withholding, Owens directly beneficially owned 46,827 common shares.
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FAQ
What insider transaction did Trustmark Corp (TRMK) report for Thomas C. Owens?
The filing reports a tax-withholding disposition of 1,319 shares of Trustmark common stock. The shares were withheld to cover taxes due when restricted stock units granted on February 15, 2023 vested.
Was the Trustmark Corp (TRMK) Form 4 transaction an open-market sale?
No. The Form 4 describes a tax-withholding disposition coded "F," meaning shares were withheld to pay tax liability related to vesting restricted stock units, rather than sold in an open-market transaction.
At what price were the 1,319 Trustmark (TRMK) shares withheld for taxes?
The 1,319 Trustmark common shares were valued at a price of $44.73 per share for the tax-withholding disposition. This price is used to determine the value of shares applied to the tax obligation.
How many Trustmark Corp (TRMK) shares does Thomas C. Owens own after the transaction?
Following the tax-withholding disposition, Thomas C. Owens beneficially owned 46,827 common shares of Trustmark Corp. The filing classifies this ownership as direct, meaning the shares are held in his own name.
What role does Thomas C. Owens hold at Trustmark Corp (TRMK)?
Thomas C. Owens is reported as an officer of Trustmark Corp, serving as Treasurer and Principal Financial Officer. His position makes his equity transactions subject to Section 16 reporting requirements on Form 4.
What triggered the tax-withholding share disposition at Trustmark Corp (TRMK)?
The disposition was triggered by the vesting of restricted stock units granted on February 15, 2023. Shares were withheld to satisfy the associated tax withholding obligation when those units vested.