Form 4: Renasant Corp Executive Kelly Hutcheson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kelly Hutcheson, EVP/Chief Accounting Officer of Renasant Corp, reports the forfeiture and disposition of common stock shares.
Summary
- On March 28, 2024, Kelly Hutcheson, EVP/Chief Accounting Officer of Renasant Corp, reported changes in beneficial ownership of the company's common stock.
- 881 shares were disposed of at $0, and 1,570 shares were disposed of at $31.11.
- These transactions resulted in a decrease in Hutcheson's directly owned shares from 17,566 to 15,996.
- The forfeiture of 881 shares was due to the completion of the 2021 3-year performance cycle.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company executive, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, and creditors as they relate to executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/20/2021 | Date of previous report regarding target amount of shares. |
| 03/28/2024 | Date of the reported transactions (stock forfeiture and disposition). |
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