Form 4: Renasant Corp Executive Kevin D. Chapman Reports Changes in Beneficial Ownership
SEC Form 4
Kevin D. Chapman, President and COO of Renasant Corp, reports a decrease in beneficial ownership of common stock due to forfeiture and tax withholding.
Summary
- On March 4, 2025, Kevin D. Chapman, President and COO of Renasant Corp, reported changes in his beneficial ownership of the company's common stock.
- Chapman forfeited 1,019 shares of common stock at a price of $0.
- Additionally, 6,246 shares were disposed of for $36.2 due to tax withholding.
- Following these transactions, Chapman directly owns 165,034 shares of common stock and indirectly owns 6,661 shares through a 401(k).
- The forfeiture was related to the completion of the 2022 3-year performance cycle.
Sentiment
Score: 5
Explanation: The document is a neutral report of transactions. There is no inherent positive or negative sentiment.
Negatives
- Kevin D. Chapman forfeited 1,019 shares of common stock.
- 6,246 shares were disposed of for tax withholding.
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 change in ownership is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/27/2022 | Date of previous report mentioning target amount of shares. |
| 03/04/2025 | Date of transaction (forfeiture and tax withholding). |
| 03/05/2025 | Date of signature on the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.