RNST · Renasant Corporation

Summary

Renasant Bank amended Ray (Hoppy) Cole, Jr.'s employment agreement dated April 1, 2025, effective March 11, 2026, to change his PBRP bonus eligibility to calendar year 2025 (prorated to 75% for nine months service) and calendar years thereafter, aligning with other senior executives. If he separates on April 1, 2027, he receives a prorated 25% target award for 2027.

Key takeaways

• Amendment to Ray (Hoppy) Cole, Jr.'s employment agreement effective March 11, 2026.
• PBRP bonus eligibility shifted from April 1 periods to calendar year 2025 (75% prorated) and calendar years thereafter.
• Entitled to 25% prorated target PBRP award if separates April 1, 2027.