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Insider Trends: Insider at Renasant Makes Tax Sale Extends 90-Day Selling Trend

05/11/2021 13:39

05:35 PM EDT, 05/11/2021 (MT Newswires) -- On May 11, 2021, Curtis J Perry, EVP, completed a sale of 3,194 Renasant (RNST) shares for approximately $140,728 to meet tax obligations. After the Form 4 filing with the SEC, Perry has 45,023 company shares, which have a market value of $1.98 million as of the prior-day closing price.

During the most recent 90-day period, prior to the date of this filing, there have been 30 insider transactions reported to the SEC for Renasant. These transactions came from the activities of 22 different insiders that resulted in a net disposition of 20,847 company shares. In the preceding 90-day window of time, there were 24 transactions from 15 insiders which resulted in the net acquisition of 96,341 shares.

This is lower than the average level of insider transactions in the 394-company Banks peer group over the last 90-day period. Within the peer group activity averaged 105.7 transactions per company, with company insiders acquiring on average 7,446 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/715072/000071507221000152/xslF345X03/wf-form4_162076876149436.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.