Form 4: Renasant Corp EVP and CFO James C. Mabry IV Reports Changes in Beneficial Ownership
SEC Form 4 Filing
James C. Mabry IV, EVP and CFO of Renasant Corp, reports a forfeiture of shares and a disposition of shares to cover tax obligations.
Summary
- On March 28, 2024, James C. Mabry IV, the EVP and CFO of Renasant Corp, reported changes in his beneficial ownership of the company's common stock.
- He forfeited 3,571 shares related to the 2021 3-year performance cycle.
- He also disposed of 5,410 shares at a price of $31.11 to cover tax obligations.
- Following these transactions, Mabry directly owns 102,498 shares of Renasant Corp.
- The transactions were reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document reports routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely to be minimal.
Key Dates
| Date | Description |
|---|---|
| 01/05/2021 | Date of previous report related to the target amount of shares for the 2021 3-year performance cycle. |
| 03/28/2024 | Date of the reported transactions: share forfeiture and disposition for tax obligations. |
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