TRUSTMARK CORP
For the period ended Apr 22, 2025. Filed Mar 12, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 22, 2025 · Filed Mar 12, 2025
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. __)
| Filed by the Registrant | ☒ |
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| Filed by a Party other than the Registrant | ☐ |
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
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| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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| ☒ | Definitive Proxy Statement |
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| ☐ | Definitive Additional Materials |
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| ☐ | Soliciting Material Pursuant to §240.14a-12 |
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Trustmark Corporation
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than Registrant)
Payment of Filing Fee (Check the appropriate box):
| ☒ | No fee required. |
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| ☐ | Fee paid previously with preliminary materials. |
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| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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Notice of Annual Meeting of Shareholders
The 2025 Annual Meeting of Shareholders of Trustmark Corporation (Trustmark) will be held as follows:
DATE AND TIME
Tuesday, April 22, 2025, at 1:00 p.m. CT
VIRTUAL ATTENDANCE
The Annual Meeting will be held virtually. You will be able to attend, vote and submit questions during the Annual Meeting by visitingwww.virtualshareholdermeeting.com/TRMK2025 and entering the 16-digit control number printed in the box marked by the arrow on your proxy card or printed on your voting instruction form, Notice of Internet Availability of Proxy Materials, or email previously received.
ITEMS OF BUSINESS
| 1) | To elect a board of 11 directors to hold office for the ensuing year or until their successors are elected and qualified. |
| 2) | To provide advisory approval of Trustmark’s executive compensation. |
| 3) | To ratify the selection of Crowe LLP as Trustmark’s independent auditor for the fiscal year ending December 31, 2025. |
| 4) | To transact such other business as may properly come before the meeting. |
RECORD DATE
Shareholders of record on February 28, 2025, are entitled to notice of and to vote at the Annual Meeting.
PROXY VOTING/REVOCATION
Your vote is important. You are urged to vote your shares as soon as possible, whether or not you plan to attend the meeting. Please vote your shares in one of the following ways:
| • | Via Internet by following the instructions on the Notice of Internet Availability or proxy card. |
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| • | Via your smartphone by following the instructions on the Notice of Internet Availability or proxy card. |
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| • | If you received a printed copy of the proxy statement, you may also vote your shares by signing and returning the enclosed proxy card in the reply envelope provided. |
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If you attend the virtual meeting, you may revoke your proxy prior to the voting thereof. You may also revoke your proxy by following the instructions on page 4 of the proxy statement.
Granville Tate, Jr.
Secretary
March 12, 2025
Trustmark Corporation P. O. Box 291 Jackson, Mississippi 39205
March 12, 2025
Dear Shareholder:
On behalf of your Board of Directors, we cordially invite you to attend Trustmark’s Annual Shareholders’ Meeting, which will be held virtually on April 22, 2025, at 1:00 p.m. CT. At the meeting, you will have the opportunity to elect 11 directors who bring diverse perspectives and valuable leadership skills to Trustmark. Their guidance will enable us to successfully compete in an evolving industry and continue our steadfast commitment to the customers, associates, shareholders, and communities we have the privilege of serving. Your vote is important to us. The proposals to be considered are described in this proxy statement, and instructions on how to vote your shares may be found on page 4. We encourage you to vote your shares in advance of the meeting to ensure the presence of a quorum.
2024 was a transformational year for Trustmark, reflecting the sale of our insurance agency, the restructuring of our balance sheet, and expanded sales and service initiatives designed to meet the needs of our customers. These actions, along with other initiatives in prior years, have significantly enhanced Trustmark’s financial performance and forward earnings profile. Our capital levels rose meaningfully, which led to the Board’s decision to increase the quarterly cash dividend in the first quarter of 2025 along with our renewed activity in the share repurchase program in the fourth quarter of 2024. Looking forward, we remain focused on providing the financial services and advice our customers have come to expect while building long-term value for our shareholders. Thanks to the dedicated efforts of our associates, Trustmark is well-positioned for 2025 and beyond.
We invite you to review our Form 10-K and our 2024 Year in Review, both of which are available at investorrelations.trustmark.com or in hard copy upon request. These documents will provide more detailed information about your company.
Thank you for your continued support of Trustmark and your participation in this important process.
Sincerely,
| Gerard R. Host Chair of the Board | Duane A. Dewey President and Chief Executive Officer |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.