Form 4: Trustmark Corp Executive Thomas C. Owens Reports Stock Transaction
SEC Form 4 Filing
Treasurer and Principal Financial Officer of Trustmark Corp, Thomas C. Owens, reports disposition of 946 shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On March 1, 2024, Thomas C. Owens, Treasurer and Principal Financial Officer of Trustmark Corp, disposed of 946 shares of common stock.
- The shares were disposed of at a price of $26.54 per share.
- This transaction was to satisfy tax withholding obligations related to the vesting of restricted stock units granted on March 1, 2021.
- Following the transaction, Owens directly owns 38,517 shares of Trustmark Corp common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction for tax purposes and doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations related to stock vesting.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2021 | Date of restricted stock units grant. |
| 03/01/2024 | Date of stock disposal for tax obligations. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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