Form 4: Renasant Corp Executive Kevin D. Chapman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kevin D. Chapman, President and COO of Renasant Corp, reports changes in beneficial ownership of company stock due to forfeiture and tax withholding.
Summary
- On March 28, 2024, Kevin D. Chapman, President and COO of Renasant Corp, reported changes in his beneficial ownership of Renasant Corp stock.
- 3,910 shares were forfeited following the completion of the 2021 3-year performance cycle.
- 6,776 shares were disposed of for tax withholding at a price of $31.11 per share.
- Following these transactions, Chapman directly owns 142,005 shares of common stock and indirectly owns 6,480 shares through a 401(k).
- The report was filed by Colton Wages, Attorney in Fact, on behalf of Kevin D. Chapman.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in stock ownership. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. These filings are closely watched by investors seeking insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- The transactions may have a minor impact on the company's stock price.
Key Dates
| Date | Description |
|---|---|
| 01/05/2021 | Date of previously reported target amount of shares related to the 2021 3-year performance cycle. |
| 03/28/2024 | Date of transaction and filing of the Form 4. |
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