Form 4: Trustmark Corp Executive Chambers Jr. Reports Stock Disposal to Cover Tax Obligations

George T. Chambers Jr., Principal Accounting Officer of Trustmark Corp, disposed of 660 shares of common stock on February 14, 2025, to satisfy tax withholding obligations related to vesting restricted stock units.

Summary

• On February 14, 2025, George T. Chambers Jr., the Principal Accounting Officer of Trustmark Corp, disposed of 660 shares of common stock.
• The transaction was executed to cover tax withholding obligations associated with the vesting of restricted stock units granted on February 16, 2022.
• The shares were sold at a price of $37.67 per share.
• Following the transaction, Chambers directly owns 20,474 shares of Trustmark Corp common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, and does not indicate a positive or negative sentiment towards the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to vesting equity awards.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Trustmark Corp, TRMK, George T. Chambers Jr., Restricted Stock Units, Tax Withholding