secwatch.observer — SEC 8-K summary
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Issuer:     RENASANT CORP (RNST)
CIK:        0000715072
Form:       8-K
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0000715072-24-000141
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Renasant sells insurance unit to Sunstar Insurance Group effective July 1, 2024
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- Sold assets of Renasant Insurance to Sunstar Insurance Group; effective July 1, 2024.
- Sunstar is the 33rd largest independent agency with $1.2B premiums placed and 700+ employees.
- All Renasant Insurance leadership and employees join Sunstar; all locations remain open.
- Renasant maintains strategic relationship with Sunstar to offer insurance to banking customers.
- No financial terms disclosed. Piper Sandler and Phelps Dunbar advised Renasant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/715072/000071507224000141/0000715072-24-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/715072/000071507224000141/rnst-20240702.htm
  HTML page:      https://secwatch.observer/filing/0000715072-24-000141

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer