04/17/2025 | Press release | Distributed by Public on 04/17/2025 15:22
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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BAKER ADOLPHUS B 1052 HIGHLAND COLONY PKWY, SUITE 200 RIDGELAND, MS 39157 |
X | Board Chair | ||
| /s/Robert L. Holladay, Jr., on behalf of Adolphus B. Baker, pursuant to a power of attorney | 04/17/2025 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Represents 118,340 shares sold in the Secondary Offering and 21,926 shares repurchased by the issuer under the Stock Repurchase Agreement (see Remarks). |
| (2) | Represents 968,006 shares sold by Mr. Baker's spouse in the Secondary Offering and 179,344 shares repurchased by the issuer from Mr. Baker's spouse under the Stock Repurchase Agreement (see Remarks). |
| (3) | Mr. Baker disclaims beneficial ownership of all issuer securities held by his wife, directly or indirectly, and this report should not be deemed an admission that he is the beneficial owner for the purposes of Section 16 or any other purpose. |
| (4) | Represents current allocation under KSOP. |
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Remarks: On April 17, 2025, Mr. Baker and his wife, among other selling stockholders, sold shares of the issuer's Common Stock at a price of $90.60 per share to the underwriter pursuant to an Underwriting Agreement dated April 15, 2025, in connection with an underwritten registered public offering (the "Secondary Offering"). Also on April 17, 2025, Mr. Baker and his wife, among other selling stockholders, sold shares of the issuer's Common Stock at a price of $90.60 to the issuer pursuant to a Stock Repurchase Agreement dated as of April 15, 2025 (the "Stock Repurchase Agreement"). For more information regarding these transactions, see the Schedule 13D/A Amendment No. 9 filed by Mr. Baker, his wife, and the other selling stockholders, with the Securities and Exchange Commission on April 17, 2025. |
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