Company: RNST
Filing Date: 2025-02-26
Form Type: PRE 14A
Source: 0000715072-25-000057
Chunk: 55

Company: RENASANT CORP
Filing Date: 2025-02-26
Form: PRE 14A
Chunk 55
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 based on a variety of factors, including role, contributions, market data, and recommendations from the CEO (for all NEOs except the CEO). The table below shows each NEO’s target equity award value, and the number of time-based and performance-based restricted stock award granted to each NEO:

| NEO           |     | Target Equity Award Value |           |     | Time-based Restricted Stock (#) |     | Performance-based Restricted Stock 
                    (at target) (#) |
|:--------------|:----|:--------------------------|----------:|:----|--------------------------------:|:----|-----------------------------------:|
| Mr. Waycaster |     | $                         | 1,187,000 |     |                          18,397 |     |                             18,397 |
| Mr. Mabry     |     |                           |   534,000 |     |                           8,276 |     |                              8,276 |
| Mr. McGraw    |     |                           | 1,016,000 |     |                          31,494 |     |                                n/a |
| Mr. Chapman   |     |                           |   800,000 |     |                          12,399 |     |                             12,399 |
| Mr. Perry     |     |                           |   458,000 |     |                           7,098 |     |                              7,098 |

Each NEO’s 2024 target equity award value is unchanged from 2023.

Three-Year Performance-Based Awards . In December 2023, the compensation committee approved the award of performance-based restricted stock awards with a three-year performance cycle beginning on January 1, 2024 and ending on December 31, 2026 to each NEO (other than Mr. McGraw). Each NEO may earn between 0% and 150% of his target grant based on achieved performance against the following three performance metrics relative to peer performance: (i) return on average tangible common equity measured on a pre-provision net revenue (“PPNR”) basis, (ii) return on average tangible assets measured on a PPNR basis and (iii) total shareholder return. Relative measures ensure our NEOs are rewarded only if our performance meets or exceeds the performance of our peer group, regardless of whether these measures improve on an absolute basis.

• Return on average tangible common equity measured on a PPNR basis, or ROTCE (PPNR) – ROTCE (PPNR) measures the profitable use and deployment of our capital,