ALLEN PATRICK E 4
4 · TENNANT CO · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Tennant (TNC) Director Patrick E. Allen Receives 437-Share Award
What Happened
Patrick E. Allen, a non-employee director of Tennant Company (TNC), was granted 437 restricted stock units (reported as an acquisition "A") on February 26, 2026. The grant is recorded at $0.00 per share (an award rather than a purchase), so no cash was exchanged in this transaction.
Key Details
- Transaction date: 2026-02-26; transaction type/code: Award/Grant (A).
- Price reported: $0.00 per share; total reported cash value: $0.
- Shares granted: 437 RSUs.
- Footnote: F1 — Non-Employee Director restricted stock unit grant.
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: Form 4 filed 2026-03-02, within the typical two-business-day reporting window for insiders.
Context
Restricted stock unit grants to non-employee directors are a common form of compensation and typically vest over time under the company’s director compensation plan. Such awards are different from open-market purchases or sales and do not necessarily signal a personal change in conviction about the stock; they reflect compensation rather than an out-of-pocket investment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-26+437→ 437 total
Footnotes (1)
- [F1]Non-Employee Director restricted stock unit grant.