WAYCASTER C MITCHELL 4
Research Summary
AI-generated summary
Renasant (RNST) EVP Waycaster Mitchell Receives Stock Award
What Happened
- Waycaster C. Mitchell, Executive Vice Chairman and Director of Renasant Corp (RNST), received an award of 4,561 restricted shares on 2026-01-27. The grant price is $0.00 (total reported value $0) and is reported as an award/grant (transaction code A), not a purchase or sale.
Key Details
- Transaction date: 2026-01-27; Form 4 filed 2026-01-28 (filed timely under SEC rules).
- Shares granted: 4,561 restricted common shares at $0.00 per share (total $0).
- Vesting/footnote: These are service-based restricted shares awarded under the 2020 Long Term Incentive Plan and will vest on December 31, 2026 (Footnote F1).
- Shares owned after transaction: Not provided in the summary data here — see the full Form 4 for total beneficial ownership.
- Transaction code: A = Award/Grant.
Context
- This is a time-based restricted stock award, which typically cannot be sold until they vest; it’s a compensation event rather than an open-market buy or sell. Such awards are common for executive compensation and do not, by themselves, indicate near-term buying or selling intent.