Bentsen Tim E 4
4 · SYNOVUS FINANCIAL CORP · Filed Jan 2, 2026
Insider Transaction Report
Form 4
Bentsen Tim E
Director
Transactions
- Disposition to Issuer
Common Stock
2026-01-01−41,735→ 0 total - Disposition to Issuer
Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser D
2026-01-01−8,000→ 0 total
Footnotes (3)
- [F1]On 11:59 p.m. ET on January 1, 2026 (the "Effective Time"), in accordance with the completion of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 24, 2025, by and among Synovus Financial Corp. ("Synovus"), a Georgia corporation, Pinnacle Financial Partners, Inc., a Tennessee corporation, and Pinnacle Financial Partners, Inc. (f/k/a Steel Newco Inc.), a Georgia corporation ("New Pinnacle"), and subject to the terms and upon the conditions set forth in the Merger Agreement, each share of common stock of Synovus, $1.00 par value per share ("Synovus Common Stock"), was converted into 0.5237 shares (the "Synovus Exchange Ratio") of common stock of New Pinnacle, $1.00 par value per share ("New Pinnacle Common Stock").
- [F2]Includes 313 shares acquired through dividend accruals.
- [F3]At the Effective Time, each Synovus share of Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series D, no par value, was converted into the right to receive one share of New Pinnacle's Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series A, no par value.