Form 4: Sugay Maria Luisa reports disposition transactions in TRMK
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sugay Maria Luisa reported disposition transactions in a Form 4 filing for TRMK. The filing lists transactions totaling 838 shares at a weighted average price of $44.73 per share. Following the reported transactions, holdings were 15,185 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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 838 | $44.73 | $37K |
Holdings After Transaction:
Common Stock — 15,185 shares (Direct)
Footnotes (1)
- Shares withheld to satisfy tax withholding obligation in connection to vesting of restricted stock units granted February 15, 2023. Includes 224 shares acquired through dividend reinvestment plan as of December 31, 2025.
FAQ
What did Trustmark (TRMK) executive Maria Luisa Sugay report in this Form 4?
Sugay reported a tax-withholding disposition of 838 Trustmark common shares at $44.73 per share. These shares were withheld to satisfy tax obligations from vesting restricted stock units granted on February 15, 2023, rather than sold in an open-market transaction.
Was the Trustmark (TRMK) Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 838 shares were withheld by the issuer to cover taxes due on vesting restricted stock units, a common mechanism for handling equity award tax obligations.
What triggered the tax withholding reported for Trustmark (TRMK) executive Sugay?
The tax withholding arose from the vesting of restricted stock units granted on February 15, 2023. When these RSUs vested, 838 shares of Trustmark common stock were withheld at $44.73 per share to satisfy associated tax obligations on the equity award.
Does the Trustmark (TRMK) Form 4 indicate insider buying or selling activity?
The Form 4 reflects a Form F tax-withholding event, categorized as a tax-withholding disposition. It does not represent discretionary insider buying or selling in the market, but rather automatic share withholding tied to equity award vesting.