INGRAM DAVID B 4
Research Summary
AI-generated summary
Pinnacle Financial (PNFP) Director David B. Ingram Receives Award
What Happened
Director David B. Ingram was granted 1,490 restricted stock units (RSUs) on 2026-05-21 at a per-share value of $97.33, a total grant value of approximately $145,022. This filing reports an award/acquisition (code A) — an equity compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-21; filing date: 2026-05-22 (timely filing).
- Grant size and price: 1,490 RSUs at $97.33 per share; total value ≈ $145,022.
- Shares owned after transaction: Not specified in this Form 4.
- Vesting/footnote: These units are restricted stock units that vest on the earlier of the one-year anniversary of the grant date or the company’s next annual shareholders meeting (Footnote F1).
- Transaction type: A = Award/Grant (equity compensation), not a purchase or sale.
Context
RSU grants to directors are typically part of compensation and retention programs; the units convert to shares only if and when they vest and may be forfeited if vesting conditions aren’t met. Because this was an award rather than a market buy or sell, it should be viewed as compensation-related rather than an immediate market sentiment signal.