Form 4: Trustmark Corp Executive Tate Granville Jr. Reports Stock Transaction
SEC Form 4 Filing
Granville Tate Jr., Secretary of Trustmark Corp, reports the disposal of 1,100 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On February 14, 2025, Granville Tate Jr., Secretary of Trustmark Corp, disposed of 1,100 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 price per share was $37.67.
- Following the transaction, Tate directly owns 54,383 shares of Trustmark Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/16/2022 | Date of grant for restricted stock units |
| 02/14/2025 | Date of stock disposal for tax withholding |
| 02/19/2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Trustmark Corp, TRMK, Granville Tate Jr, Tax Withholding, Restricted Stock Units
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.