Company: RNST
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0000715072-25-000085
Chunk: 63

Company: RENASANT CORP
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 63
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 are subject to Renasant’s Hedging Policy, which prohibits our directors, officers and employees, including our NEOs, from engaging in transactions that have the effect of hedging the economic risks associated with the ownership of Renasant stock. Although the policy does not prohibit pledging, any stock that is pledged cannot be used to satisfy our stock ownership guidelines. You can find more information about our Hedging Policy above in theCorporate Governance and the Board of Directorssection under the heading “Governing Documents and Practices.” |

Risk Mitigation Practices. Our compensation program includes safeguards, summarized below, designed to mitigate compensation risk and to otherwise avoid unsafe and unsound compensation practices. The Corporate Governance and the Board of Directors section above under the heading “Role of the Board in Risk Oversight” provides additional information about actions the compensation committee has taken to identify, assess and mitigate risks posed by our compensation arrangements.

| Clawback Policies                             |     | Our board has adopted, and the compensation committee administers, a clawback policy that permits us to reduce or recover performance-based compensation if we are required to restate our financial results and the amount of the compensation would be less based on the restatement. The policy addresses both cash and equity awards. The board most recently updated our clawback policy in the fourth quarter of 2023 to address new SEC and NYSE rules requiring that public companies adopt clawback policies applicable to restatements.                                                               |
| Double Trigger for Change in Control Benefits |     | The payment of change in control benefits is contingent on a double trigger: if a change in control of Renasant is consummated (the first trigger), an executive’s employment must be terminated within two years following the consummation either involuntarily without cause or on account of a constructive termination (the second trigger). Definitions of the terms “cause” and “constructive termination” may be found below in theCompensation Tablessection under the heading “Payments and Rights on Termination or Change in Control.”                                                              |
| No Tax Gross Ups                              |     | The committee does not approve or enter into agreements that, directly or indirectly, result in tax gross ups, with the exception of a legacy contractual obligation for Mr. McGraw’s car allowance and the gross up of disability insurance premiums for our NEOs. For 2024, the aggregate amount of all gross ups was $13,601; individual amounts are reflected below in theCompensation Tablessection in the “All Other Compensation” column of the 2024 Summary Compensation Table.                                                                                                                         |
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