Form 4: RENASANT EVP Gifts Shares Under 10b5-1 Plan
Insider Transaction Report
Renasant Corp's EVP, Curtis J. Perry, reported a planned gift of 2,000 common stock shares, reducing his direct beneficial ownership to 84,679 shares.
Summary
- Curtis J. Perry, Executive Vice President (EVP) of Renasant Corp (RNST), reported a change in beneficial ownership.
- The transaction involves the disposition of 2,000 shares of common stock through a gift (Transaction Code 'G').
- The transaction date is scheduled for September 18, 2025, with a reported price of $0 per share.
- Following this transaction, Mr. Perry will directly beneficially own 84,679 shares of Renasant Corp common stock.
- The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The filing is a factual report of an executive's planned stock gift, which is a neutral event from a company performance perspective. The transaction is part of a pre-arranged 10b5-1 plan.
Positives
- The transaction is a gift, not a sale for cash, indicating a personal disposition rather than a divestment for liquidity.
Negatives
- The disposition of shares, even as a gift, reduces the executive's direct equity stake in the company.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends. It reflects an individual executive's personal stock management decision.
Related Party Transactions
- The disposition of shares is a gift, which could potentially be to a related party, though the recipient is not disclosed in the filing.
Stakeholder Impact
- Shareholders: Minimal direct impact as it's a relatively small disposition by an executive and not a market sale.
- Employees: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 09/18/2025 | Date of the reported transaction (gift of common stock) |
| 09/22/2025 | Date the Form 4 filing was signed by the attorney in fact |
Keywords
RENASANT CORP, RNST, Form 4, insider transaction, beneficial ownership, executive, stock gift, Curtis J. Perry, 10b5-1 plan
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