Harvey Robert B 4
Research Summary
AI-generated summary
TRUSTMARK (TRMK) Exec Robert B. Harvey Withholds 1,326 Shares for Taxes
What Happened
Robert B. Harvey, an executive officer of Trustmark Corp (TRMK), had 1,326 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units. The withholding was recorded as a disposition on 2026-02-13 at an effective per-share value of $44.73, totaling approximately $59,312. This was a tax-withholding disposition (code F), not an open-market sale or buy.
Key Details
- Transaction date and price: 2026-02-13 — 1,326 shares withheld at $44.73 each; total ≈ $59,312.
- Transaction type/code: Tax withholding to satisfy tax liability on RSU vesting (Disposition code F).
- Footnote: F1 — Shares withheld to satisfy tax withholding in connection with RSUs granted February 15, 2023.
- Shares owned after transaction: Not specified in the provided Form 4 excerpt.
- Filing date: Form 4 filed 2026-02-17 (covers the 2026-02-13 transaction); filing appears to be within the required reporting window.
Context
This was a routine tax-withholding event resulting from RSU vesting (a grant from Feb 15, 2023), not a market sale intended to raise cash or signal a view on the stock. Dispositions coded "F" are common when companies withhold a portion of vested shares to cover required taxes. Such transactions generally do not carry the same informational weight for investor sentiment as open-market purchases or voluntary sales.