Form 4: Trustmark Corp Executive Chambers Jr. Reports Stock Transaction
SEC Form 4 Filing
Principal Accounting Officer George T. Chambers Jr. reports disposition of 727 shares of Trustmark Corp common stock to cover tax obligations.
Summary
- On May 24, 2024, George T. Chambers Jr., Principal Accounting Officer of Trustmark Corp, reported a transaction involving the company's common stock.
- The transaction involved the disposition of 727 shares at a price of $29.54 per share.
- These shares were withheld to satisfy tax obligations related to the vesting of restricted stock units granted on May 25, 2021.
- Following the transaction, Chambers directly owns 16,250 shares of Trustmark Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction related to tax obligations.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations from vesting equity. These filings are common and provide transparency into executive stock ownership.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/25/2021 | Date of grant for restricted stock units related to the tax obligation. |
| 05/24/2024 | Date of the stock transaction (disposition of shares). |
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