Executive officer at Trustmark (NASDAQ: TRMK) receives 1,696-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trustmark Corp executive Maria Luisa Sugay received a stock award of 1,696 shares of common stock. The Form 4 shows this was a grant or other acquisition at a price of $0.00 per share. After this award, her directly held ownership increased to 19,779 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sugay Maria Luisa
Role
Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,696 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,779 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did TRMK executive Maria Luisa Sugay report?
Maria Luisa Sugay reported receiving a grant of 1,696 shares of Trustmark Corp common stock. The filing describes this as a grant, award, or other acquisition, increasing her directly held position in the company’s stock.
Was the TRMK insider stock grant to Maria Luisa Sugay a purchase or an award?
The transaction is reported as a grant or award acquisition, not an open-market purchase. The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition of Trustmark Corp common stock at no stated purchase price.
What price was reported for Maria Luisa Sugay’s TRMK stock grant?
The Form 4 lists a transaction price of $0.00 per share for the 1,696-share award. This is consistent with a compensatory stock grant rather than a cash purchase in the open market for Trustmark Corp shares.
What does transaction code “A” mean in the TRMK Form 4 for Maria Luisa Sugay?
Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it shows that Maria Luisa Sugay received 1,696 Trustmark Corp common shares as an awarded position rather than through a market buy.