other material
confidence high
sentiment neutral
materiality 0.25
Renasant amends executive bonus plan for officer Hoppy Cole to calendar-year basis
RENASANT CORP
- Amendment changes Cole's PBRP bonus periods from Apr-Mar to calendar year, aligning with other senior executives.
- 2025 bonus prorated to 75% reflecting 9 months service.
- If Cole separates on Apr 1, 2027, he gets target award prorated to 25% for three months.
- No changes to other material terms of employment agreement.