Tennant (TNC) CCO Richard H. Zay Sells 6,875 Shares

What Happened
Richard H. Zay, Chief Commercial Officer of Tennant Company (TNC), sold 6,875 shares of Tennant common stock in open-market/private sale transactions on May 7, 2026. The weighted average sale price was $88.02 per share, producing gross proceeds of approximately $605,103. This transaction is a sale (S) — a routine disposition rather than a purchase.

Key Details

• Transaction date: May 7, 2026 (filed on Form 4: May 11, 2026). The filing appears timely (filed within two business days).
• Price: weighted average $88.02; footnote reports individual sale prices ranged from $88.00 to $88.28. The reporting person can provide per-price detail on request (footnote F1).
• Shares sold: 6,875; gross proceeds ≈ $605,103.
• Shares owned after transaction: not specified in the provided filing details.
• No 10b5-1 trading plan, tax-withholding, or option exercise was indicated in the reported transaction.
• Transaction code: S = Sale (open market or private sale).

Context
Officer stock sales are commonly for liquidity, diversification, tax obligations, or other personal reasons and do not by themselves prove a change in the officer’s view of the company. Purchases tend to be more informative of insider conviction; this filing documents a routine sale by a senior executive.