TENNANT (TNC) SVP/COO Richard H. Zay Receives 2,707-Share Award

What Happened

Richard H. Zay, SVP and Chief Operating Officer of Tennant Company (TNC), was granted/acquired 2,707 shares on August 10, 2026. The filing reports the shares at $0.00 per share (total cash paid = $0), indicating a non‑cash award or grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-10; reported on Form 4 filed 2026-09-11.
• Price reported: $0.00 per share; number of shares acquired: 2,707.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes/plan details: none provided in the supplied data (no 10b5-1 or tax‑withholding notes shown).
• Timeliness: The Form 4 was filed more than two business days after the transaction (filed Sept 11, 2026), so this appears to be a late filing under normal SEC Form 4 deadlines.

Context

This transaction is an award/grant (SEC transaction code A) — commonly part of executive compensation (e.g., restricted stock or RSU vesting) — and is not a cash purchase that typically signals an active bullish buy. Awards are a routine way companies compensate executives and do not by themselves indicate a change in insider sentiment. The late filing is an administrative detail investors should note; it does not change the nature of the award but can delay visibility into insider activity.