Engel Connie L 4
Research Summary
AI-generated summary
Renasant (RNST) Director Connie L. Engel Receives Award
What Happened
Connie L. Engel, a director of Renasant Corp (RNST), was granted 2,060 restricted shares on April 28, 2026. The Form 4 reports an acquisition (code A) at $0.00 per share (total $0), reflecting a service-based equity award rather than a market purchase.
Key Details
- Transaction date: 2026-04-28; filed on 2026-04-30 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares granted: 2,060 restricted shares; acquisition price reported as $0.00.
- Vesting/footnote: Service-based restricted stock under the 2020 Long Term Incentive Plan; shares will vest April 27, 2027.
- Shares owned after transaction: not reported in the information provided on this filing.
Context
Restricted stock awards are compensation that typically vest over time and may be forfeited if service conditions aren't met; they are not immediate cash proceeds or open-market purchases/sales. Such grants are common as long-term incentive pay for insiders and do not by themselves indicate a buy/sell signal.