Form 4: Renasant Corp Executive Vice President David Meredith Reports Changes in Beneficial Ownership
SEC Form 4
Executive Vice President David Meredith reports a disposition of common stock due to forfeiture and tax withholding, resulting in a decrease in beneficial ownership.
Summary
- On March 4, 2025, David Meredith, an Executive Vice President at Renasant Corp, reported changes in beneficial ownership of the company's common stock.
- 430 shares were disposed of due to forfeiture from the target amount previously reported on January 27, 2022, after the completion of the 2022 3-year performance cycle.
- An additional 3,949 shares were disposed of for tax withholding purposes at a price of $36.2 per share.
- Following these transactions, Meredith's direct ownership of Renasant Corp common stock decreased from 59,730 to 55,781 shares.
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
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 change in beneficial ownership may have a minor impact on shareholders, but the transactions are related to standard compensation practices.
Key Dates
| Date | Description |
|---|---|
| 01/27/2022 | Date of previous report of target amount of shares. |
| 03/04/2025 | Date of transaction (stock forfeiture and tax withholding). |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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