Form 4: Trustmark Corp Executive Duane Dewey Reports Stock Transaction

Duane Dewey, President & CEO of Trustmark Corp, reports the disposal of 4,779 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• On February 14, 2025, Duane A Dewey, President & CEO of Trustmark Corp, disposed of 4,779 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units granted on February 16, 2022.
• The shares were disposed of at a price of $37.67 per share.
• Following the transaction, Dewey directly owns 137,957 shares of Trustmark Corp common stock and indirectly owns 5,610 shares through a company-sponsored 401(k).

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation and tax obligations.

Industry Context

This filing is a routine disclosure of an insider stock transaction, which is common for executives receiving stock-based compensation. It doesn't necessarily indicate a change in the company's outlook or performance.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Insider Trading, Stock Transaction, Trustmark Corp, TRMK, Duane Dewey, Executive Compensation, Restricted Stock Units, Tax Withholding