Form 4: Renasant Corp Director McGraw Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Edward Robinson McGraw, a director and COB & Exec Chair of Renasant Corp, reported a disposition of common stock due to forfeiture and tax withholding on March 28, 2024.
Summary
- On March 28, 2024, Edward Robinson McGraw, a director and COB & Exec Chair of Renasant Corp, reported changes in his beneficial ownership of the company's common stock.
- McGraw forfeited 5,411 shares of common stock.
- Additionally, 15,905 shares were disposed of for tax withholding at a price of $31.11 per share.
- Following these transactions, McGraw directly owns 265,509 shares of Renasant Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transactions reported may have a minor impact on the overall share supply, but are unlikely to significantly affect stakeholders.
Key Dates
| Date | Description |
|---|---|
| 01/05/2021 | Date of previously reported target amount of shares. |
| 03/28/2024 | Date of transaction: stock forfeiture and tax withholding. |
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