TRMK.NASDAQTrustmark CORP

Form 4: Trustmark Corp Executive Wayne A. Stevens Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


Wayne A. Stevens, an executive officer at Trustmark Corp, reported disposing of 1,100 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

  • On February 14, 2025, Wayne A. Stevens, an Executive Officer of Trustmark Corp, disposed of 1,100 shares of common stock.
  • The disposal was 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, Stevens directly owns 63,808 shares of Trustmark Corp common stock.
  • Stevens also indirectly owns 1,354 shares through a company-sponsored 401(k).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive officer disposed of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
02/16/2022Date of grant for the restricted stock units related to the tax obligation.
02/14/2025Date of the transaction (stock disposal).
02/19/2025Date of signature on the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Executive Officer, Trustmark Corp, TRMK, Wayne A. Stevens, Stock Disposal, Tax Obligations, Restricted Stock Units

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