COLE M RAY JR 4
Research Summary
AI-generated summary
Renasant (RNST) SEVP Cole M. Ray Jr Sells 20,000 Shares
What Happened Cole M. Ray Jr., Senior Executive Vice President, Executive Advisor and a member of Renasant Corporation’s board, sold a total of 20,000 Renasant (RNST) shares in open-market/private sales on February 13, 2026. The sales were reported in three lots (17,778; 1,162; and 1,060 shares) at a weighted average price of $40.63 per share, generating total proceeds of approximately $812,515. This transaction is a sale (disposition) rather than a purchase.
Key Details
- Transaction date: 2026-02-13 (filed same day — timely).
- Lots and reported weighted averages / ranges:
- 17,778 shares — reported $40.63 (range $40.59–$40.73) — proceeds $722,233. (F1)
- 1,162 shares — reported $40.63 (range $40.60–$40.68) — proceeds $47,214. (F2)
- 1,060 shares — reported $40.63 (range $40.60–$40.65) — proceeds $43,068. (F3)
- Total: 20,000 shares sold for ~$812,515.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: Prices are weighted averages; the filer offered to provide a per-price breakdown on request (see F1–F3).
- No indication in the excerpt of a 10b5-1 plan, option exercise, grant, gift, or tax-withholding event.
Context
- These were straight sales (S) reported as open-market or private sales; sales are often routine liquidity events and do not by themselves indicate the insider’s view of the company’s long-term prospects.
- No derivatives or exercises were involved. Retail investors should view this as insider selling activity; combine with other insider trades and company fundamentals for investment decisions.