Meredith David 4
Research Summary
AI-generated summary
Renasant (RNST) Exec VP Meredith David Disposes 4,698 Shares
What Happened
- Meredith David, Executive Vice President of Renasant Corp (RNST), had a total of 4,698 shares disposed on 2026-03-19. Of those, 3,001 shares were withheld/used to pay a tax liability at $34.39 per share (total value ≈ $103,204), and 1,697 shares were disposed to the issuer at $0 (forfeited).
Key Details
- Transaction dates and prices:
- 2026-03-19: Disposition to issuer (code D) — 1,697 shares @ $0.00 (forfeiture), value $0.
- 2026-03-19: Tax withholding/payment (code F) — 3,001 shares @ $34.39, value $103,204.
- Shares owned after the transaction: Not specified in the filing.
- Footnote: The 1,697 forfeited shares relate to the end of the 2023 three-year performance cycle and were reduced from previously reported target awards (see footnote F1).
- Timeliness: Filing dated 2026-03-23 for a 2026-03-19 transaction (filed 4 days after the transaction). Form 4s are typically due within 2 business days, so this appears later than usual.
Context
- These transactions are tax-withholding and forfeiture actions tied to equity awards, not an open-market sell driven by the insider. Withholding to cover taxes and forfeitures after performance cycles are common administrative actions and do not necessarily signal a change in insider sentiment.