LEVY JONATHAN A 4
Research Summary
AI-generated summary
Renasant Director Jonathan A. Levy Receives Restricted Stock Award
What Happened
- Jonathan A. Levy, a director of Renasant Corp (RNST), was granted 2,060 restricted shares (transaction code A) on April 28, 2026. The shares were issued at $0.00 per share (no cash paid), recorded as an award rather than a market purchase or sale.
Key Details
- Transaction date: 2026-04-28; Form 4 filed: 2026-04-30 (no indication in the provided data of a late filing).
- Shares granted: 2,060; price per share: $0.00; reported acquisition value: $0.
- Award type: Service-based restricted stock awarded under the 2020 Long Term Incentive Plan (LTIP).
- Vesting: These shares will vest on April 27, 2027 (per footnote).
- Shares owned after transaction: Not specified in the provided excerpt.
Context
- This grant is a typical form of director compensation (restricted stock tied to continued service). Awards are not purchases and do not directly signal immediate market sentiment; they generally align director compensation with shareholder value over the vesting period.