RNST.NYSERenasant CORP

Form 4: Renasant Corp Director Waycaster C Mitchell Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Waycaster C Mitchell, a director and CEO & Executive Vice Chairman of Renasant Corp, reported changes in beneficial ownership of common stock on March 28, 2024, including a forfeiture of shares and a disposition for tax purposes.

Summary

  • On March 28, 2024, Waycaster C Mitchell, a director and CEO & Executive Vice Chairman of Renasant Corp, reported changes in their beneficial ownership of the company's common stock.
  • The transactions included the forfeiture of 7,668 shares due to the completion of the 2021 3-year performance cycle.
  • Additionally, 15,108 shares were disposed of at a price of $31.11 for tax purposes.
  • Following these transactions, Mitchell directly owns 203,052 shares and indirectly owns 18,038 shares through a 401(k).
  • The report was filed by Colton Wages, Attorney in Fact, on March 28, 2024.

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 of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the transactions of company executives.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in insider ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
01/05/2021Date of previously reported target amount of shares.
03/28/2024Date of the reported transactions (forfeiture and disposition of shares).
03/28/2024Date of signature by Colton Wages, Attorney in Fact.

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