Bentsen Tim E 4
Research Summary
AI-generated summary
Pinnacle Financial (PNFP) Director Tim Bentsen Receives 1,490-Share Award
What Happened Tim E. Bentsen, a director of Pinnacle Financial Partners, Inc. (PNFP), was granted 1,490 shares on 2026-05-21 as an award/acquisition at a reported price of $97.33 per share, for a total value of $145,022. The grant is reported as an award/acquisition (transaction code A) rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-21; Form filed: 2026-05-22 (timely filing).
- Shares granted: 1,490; price used for reporting: $97.33; total reported value: $145,022.
- Transaction code: A (award/grant/acquisition).
- Shares owned after the transaction: not specified in the reported Form 4.
- Footnote: The shares were deferred under the company's director deferred compensation plan and will be paid out according to the director's deferral election or upon termination of director service.
- No indication of a 10b5-1 plan, tax withholding, or cashless exercise in this filing.
Context This grant is a typical form of director compensation and was deferred into the company’s director deferred compensation plan, so it does not reflect an open-market purchase or sale. Grants to directors are routine and represent compensation rather than a straightforward buying signal; the deferral means the shares will be distributed later per the director’s election or upon leaving the board.