Pinnacle (PNFP) Director Boxley Abney S III Transfers 13,087 Shares
$PNFP · Pinnacle Financial Partners, Inc.Research Summary
AI-generated summary of this SEC filing
Pinnacle (PNFP) Director Boxley Abney S III Transfers 13,087 Shares
What Happened
Boxley Abney S III, a director of Pinnacle Financial Partners (PNFP), recorded a pair of "other acquisition or disposition" (code J) entries dated 2026-08-03 showing 13,087 shares disposed and 13,087 shares acquired. No per-share price or total dollar value was reported (N/A). A footnote clarifies the disposition represents shares transferred to the reporting person's spouse in a private transaction in exchange for other securities held by the spouse — the transaction was not conducted in the open market.
Key Details
- Transaction date: 2026-08-03 (filed same day).
- Transaction code: J (Other acquisition/disposition).
- Shares disposed: 13,087; Shares acquired: 13,087.
- Price/Value: Not reported (N/A).
- Footnote: F1 — shares transferred to spouse in a private exchange for other securities; not an open-market sale.
- Shares owned after transaction: Not provided in the filing excerpt supplied.
- Timeliness: Filing date equals transaction date; no late filing indicated in the provided data.
Context
Transfers between an insider and a spouse (private swaps or gifts) are typically for personal, estate-planning, or portfolio-rebalancing reasons and do not necessarily reflect the insider's view on the company's stock. Because this was not an open-market sale or purchase and no cash price was reported, this filing should not be interpreted as a conventional buy/sell signal.