Form 4: Trustmark Corp Executive Officer Sugay Reports Tax Withholding Transaction
SEC Form 4
Maria Luisa Sugay, an executive officer at Trustmark Corp, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 14, 2025, Maria Luisa Sugay, an Executive Officer of Trustmark Corp, had 659 shares of common stock withheld to satisfy tax obligations.
- This transaction was related to the vesting of restricted stock units granted on February 16, 2022.
- Following the transaction, Sugay directly owns 15,799 shares of Trustmark Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations on vested stock, so it doesn't carry strong positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax withholding procedure related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 02/16/2022 | Date of grant for restricted stock units related to the tax withholding. |
| 02/14/2025 | Date of the transaction where shares were withheld for tax obligations. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Trustmark Corp, Executive Officer, Maria Luisa Sugay, Tax Withholding, Restricted Stock Units, Beneficial Ownership, TRMK
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