Form 4: Renasant Corp Executive Vice President David Meredith Reports Changes in Beneficial Ownership

Executive Vice President David Meredith reports changes in beneficial ownership of Renasant Corp stock due to forfeiture and tax withholding related to a performance cycle.

Summary

• David Meredith, an Executive Vice President at Renasant Corp, filed a Form 4 detailing changes in their beneficial ownership of the company's stock.
• On March 28, 2024, 1,652 shares of common stock were forfeited due to the completion of the 2021 3-year performance cycle.
• Also on March 28, 2024, 2,562 shares were disposed of at a price of $31.11 for tax withholding purposes.
• Following these transactions, Meredith directly owns 49,696 shares of Renasant Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. 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 the number of shares outstanding, but the effect is likely negligible.

Key Dates