Clark Donald JR 4
Research Summary
AI-generated summary
Renasant Director Donald Clark Jr Receives Restricted Stock Award
What Happened
Donald Clark Jr, a director of Renasant Corp (RNST), was granted 2,060 shares of service-based restricted stock on April 28, 2026 (transaction code A). The shares were awarded at a reported acquisition price of $0.00. Per the filing footnote, these restricted shares will vest on April 27, 2027.
Key Details
- Transaction date: 2026-04-28; Form 4 filed: 2026-04-30.
- Award: 2,060 restricted common shares; price reported $0.00.
- Vesting: April 27, 2027 (see footnote F1).
- Ownership correction: Footnote F2 notes a prior correction to form-of-ownership reporting — on June 24, 2020, 7,582 shares were moved from an indirectly owned (spouse IRA) to a directly owned account; totals were updated to reflect that transfer.
- Post-award total holdings were not specified in the provided excerpt.
- Timeliness: Filing appears timely (filed two days after the reported transaction).
Context
Restricted stock awards are typically compensation and retention tools that vest over time; they are not immediate market purchases or sales. Such grants disclose compensation to insiders but do not by themselves indicate a buy/sell market signal.