Suggs Sean M. 4

What Happened
Sean M. Suggs, a director of Renasant Corp (RNST), was granted 232.56 phantom stock units on 2026-03-31 at an accounting price of $37.62 per unit (total value ≈ $8,749). The grant is reported as a derivative award (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; reported on Form 4 filed 2026-04-01.
• Grant details: 232.56 phantom stock units at $37.62/unit; aggregate value ≈ $8,749.
• Instrument: Derivative (phantom stock units accrued under the Renasant DSU Plan).
• Shares owned after transaction: Not specified on this Form 4.
• Footnote: Units are settled 100% in common stock upon the reporting person’s retirement or approved hardship; conversion is 1 phantom unit = 1 share. Dividends are paid quarterly and reinvested on the phantom stock.
• Timeliness: Filing appears timely (transaction date 3/31, Form 4 filed 4/1).

Context
This was a compensation-related grant of deferred/phantom units, which do not immediately transfer common shares to the director but convert to stock on retirement or hardship per the DSU plan. Such awards are routine components of board compensation and don’t by themselves indicate buying or selling intent in the market.