Trustmark (TRMK) finance chief reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
Trustmark Corporation Treasurer and Principal Financial Officer Thomas C. Owens reported equity compensation activity involving the company’s common stock. On February 17, 2026, he acquired 6,841 shares at $0.0000 per share as a grant or award tied to performance-based restricted stock units granted on February 15, 2023. The footnotes state this reflects 165% vesting of those performance-based units after a performance period that ended on December 31, 2025, with vesting certified by the Human Resources Committee on February 17, 2026. In a related transaction the same day, 1,940 shares at $44.82 per share were disposed of to satisfy tax withholding obligations upon vesting. Following these transactions, Owens directly owned 51,728 shares of Trustmark common stock.
Positive
- None.
Negative
- None.
Insights
Performance-based equity vested with routine tax withholding; no open-market trades.
The activity centers on performance-based restricted stock units granted on February 15, 2023. On February 17, 2026, 6,841 common shares were delivered at $0.0000, reflecting 165% vesting after a performance period ending December 31, 2025.
A separate Form 4 line shows 1,940 shares at $44.82 disposed under code F, which the footnote explains were withheld for tax obligations at vesting. This is a non‑open‑market, administrative disposition rather than a discretionary sale. Owens’ direct holdings after these entries total 51,728 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,841 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,940 | $44.82 | $87K |
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.