WAYCASTER C MITCHELL 4
4 · RENASANT CORP · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Renasant (RNST) EVP Waycaster Mitchell Withholds/Forfeits Shares
What Happened
Waycaster C. Mitchell, Executive Vice Chairman and a director of Renasant Corp (RNST), had 10,858 shares disposed of to the issuer as payment for tax liability (withheld) at $34.39 per share, totaling $373,407, and 5,854 shares forfeited to the issuer at $0.00 on March 19, 2026. These transactions reflect share withholding/forfeiture related to a compensation event rather than an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-19 (reported on Form 4 filed 2026-03-23). No late-filing flag is indicated in the filing.
- Withheld for taxes (code F): 10,858 shares @ $34.39 = $373,407 (disposed to issuer).
- Forfeited (code D): 5,854 shares @ $0.00 = $0 (disposed to issuer).
- Shares owned after the transactions: not specified in the filing.
- Footnote: The forfeiture (5,854 shares) reflects shares forfeited from the target amount after completion of the 2023 three‑year performance cycle (per footnote F1).
Context
These transactions are administrative actions tied to compensation (tax withholding and forfeiture after a performance cycle). Withholding to cover tax liability is common and does not indicate an open-market sale; it is not a direct signal of the insider’s view of the stock.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-03-19−5,854→ 206,797 total - Tax Payment
Common Stock
2026-03-19$34.39/sh−10,858$373,407→ 195,939 total
- 19,006(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]After the completion of the 2023 3-year performance cycle, this is the number of share forfeited from the target amount previously reported on 1/4 /2023.