Company: RNST
Filing Date: 2025-04-04
Form Type: 8-K
Source: 0000715072-25-000123
Chunk: 5

Company: RENASANT CORP
Filing Date: 2025-04-04
Form: 8-K
Item: Item 5.02
Chunk 5
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 transactions between Renasant and Mr. Cole that would be reportable under Item 404(a) of Regulation S-K.

Pursuant to the terms of the Agreement, the board of directors of Renasant Bank (the “ Bank Board”) increased the number of directors that comprised the Bank Board to 21 directors, an increase of six, and appointed each of Mr. Cole, Mr. Levy, Ms. Moore, Mr. Parker, E. Ricky Gibson, and Fred A. McMurry, to fill the new seats on the Bank Board, effective as of the Effective Time, to hold such office until his or her successor is elected and qualified or until his or her resignation or removal.

As previously disclosed in the 2025 Proxy Statement, in addition to the foregoing appointments to the Board, effective as of the Effective Time, the Board increased the number of directors that comprised the Board by one additional director and appointed Kevin D. Chapman, Renasant’s President and Chief Operating Officer and a member of the Bank Board, to fill this new seat on the Board.

Executive Chairman

On April 1, 2025, E. Robinson McGraw, the Company’s Executive Chairman and the Chairman of the Board and of the Bank Board, agreed with the Company that he would resign as an officer and employee of the Company and the Bank, effective May 1, 2025 (the “ Transition Date”). The Company and Mr. McGraw mutually determined that, in connection with the completion of the Mergers, it would best position the Company and the Bank for future growth to transition to a new leadership structure in connection with Kevin D. Chapman assuming the role of the Company’s and the Bank’s Chief Executive Officer on the Transition Date (as previously disclosed). The circumstances giving rise to Mr. McGraw’s departure are not the result of any disagreement with the Company on any subject, including its operations, policies or practices. Mr. McGraw will continue to serve as Chairman of the Board and of the Bank Board following the Transition Date.

In connection with the change in Mr. McGraw’s role, Mr. McGraw and the Company entered into a Transition Agreement, dated as of April 1, 2025 (the “ Transition Agreement”). The Transition Agreement memorializes Mr. McGraw’s resignation as an officer and employee as well as his continued service as a director and as Chairman of the Board and of the Bank Board, each as described above, and confirms that Mr. McGraw will be compensated the same as the Company’s other non