Renascent Corp. Announces Executive and Board Changes
Ticker: RNST · Form: 8-K · Filed: Dec 20, 2024 · CIK: 715072
| Field | Detail |
|---|---|
| Company | Renasant Corp (RNST) |
| Form Type | 8-K |
| Filed Date | Dec 20, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $5.00, $100,000, $700,000, $170,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-changes, governance
TL;DR
Renascent Corp. shakes up leadership and board; new exec comp details out.
AI Summary
Renascent Corp. announced on December 17, 2024, changes in its executive team and board of directors. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key executives.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, governance, and future performance.
Risk Assessment
Risk Level: medium — Changes in executive and board composition can introduce uncertainty regarding future strategy and operational direction.
Key Numbers
- 19920703 — Date of Name Change (Indicates historical corporate identity)
- 20241217 — Date of Earliest Event Reported (Key date for the reported events)
Key Players & Entities
- RENASANT CORP (company) — Registrant
- Mississippi (location) — State of incorporation
- Tupelo (location) — Principal executive offices city
FAQ
Who are the specific officers departing Renascent Corp.?
The filing indicates the departure of certain officers but does not name them specifically in the provided text.
Who are the newly elected directors at Renascent Corp.?
The filing states the election of directors but does not list their names in the provided text.
What are the details of the compensatory arrangements for certain officers?
The filing mentions updates to compensatory arrangements but does not provide specific details in the provided text.
When was Renascent Corp. incorporated?
Renascent Corp. was incorporated in Mississippi.
What is the SIC code for Renascent Corp.?
The Standard Industrial Classification (SIC) code for Renascent Corp. is 6022, which corresponds to State Commercial Banks.
Filing Stats: 1,092 words · 4 min read · ~4 pages · Grade level 11.4 · Accepted 2024-12-20 15:20:42
Key Financial Figures
- $5.00 — ange on which registered Common stock, $5.00 par value per share RNST The New York S
- $100,000 — rded a retention bonus in the amount of $100,000, provided he remains an employee in goo
- $700,000 — rd for the 2025 calendar year valued at $700,000 and he will receive an equity award for
- $170,000 — rd for the 2026 calendar year valued at $170,000. Each award will vest on December 31, 2
Filing Documents
- rnst-20241217.htm (8-K) — 30KB
- 0000715072-24-000197.txt ( ) — 152KB
- rnst-20241217.xsd (EX-101.SCH) — 2KB
- rnst-20241217_lab.xml (EX-101.LAB) — 21KB
- rnst-20241217_pre.xml (EX-101.PRE) — 12KB
- rnst-20241217_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) The following exhibits are furnished herewith: Exhibit No. Description 104 The cover page of Renasant Corporation's Form 8-K is formatted in Inline XBRL
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RENASANT CORPORATION Date: December 20, 2024 By: /s/ C. Mitchell Waycaster C. Mitchell Waycaster Chief Executive Officer