Form 4: Trustmark Corp Executive Thomas C. Owens Reports Stock Transactions

Treasurer and Principal Financial Officer Thomas C. Owens reports acquisition and disposal of Trustmark Corp stock due to vesting of restricted stock units and tax obligations.

Summary

• On February 11, 2025, Thomas C. Owens, Treasurer and Principal Financial Officer of Trustmark Corp, reported transactions involving the company's common stock.
• Owens acquired 6,927 shares of common stock at $0 due to the vesting of performance-based restricted stock units granted on February 16, 2022.
• These units vested at 181% based on performance metrics over the period ending December 31, 2024, as certified by the Human Resources Committee on February 11, 2025.
• Concurrently, Owens disposed of 2,155 shares at $38.57 to satisfy tax withholding obligations related to the vesting of these restricted stock units.
• Following these transactions, Owens directly owns 45,289 shares of Trustmark Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects standard executive compensation practices and doesn't indicate any significant positive or negative developments for the company.

Positives

• The vesting of performance-based restricted stock units at 181% suggests that the company achieved strong performance during the specified period.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Trustmark Corp, Thomas C. Owens, stock transaction, restricted stock units, vesting, Form 4, TRMK