Huml David W. 4
4 · TENNANT CO · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Tennant (TNC) CEO David Huml Receives Awards, Buys Stock, Withholds Shares
What Happened
David W. Huml, President & CEO and Director of Tennant Company (TNC), received equity awards and executed several market purchases while surrendering shares to cover tax liabilities. On Feb 26, 2026 he was issued two awards totaling 64,166 shares (35,472 and 28,694; acquired at $0.00 as compensation). That same day 13,807 shares were disposed at $62.73 to satisfy tax withholding (value reported $866,113). He also made open-market purchases totaling 4,000 shares (2,600 @ $64.02; 1,225 @ $65.01; 175 @ $65.48) for a combined reported cost of $257,560. Separately, on Apr 14, 2025 there are gift transfers of 17,571 shares (reported as gifts at $0.00).
Key Details
- Transaction dates: Apr 14, 2025 (gifts) and Feb 26, 2026 (awards, purchases, withholding); Form filed Mar 2, 2026.
- Major amounts: 64,166 shares awarded (A); 4,000 shares purchased in open market (P) for ~$257.6K; 13,807 shares withheld (F) for taxes = $866,113.
- Purchase price details / footnotes: 2,600-share weighted avg $64.02 (individual trades ranged $63.45–$64.33); 1,225-share weighted avg $65.01 (range $64.45–$65.43); 175-share weighted avg $65.48 (range $65.48–$65.49).
- Gifts: 17,571-share gift transfers reported at $0.00 on Apr 14, 2025 — gifts are transfers and don’t necessarily indicate sentiment.
- Shares owned after these transactions: not specified in the provided filing details.
- Filing timeliness: The Form 4 was filed on Mar 2, 2026 while some reported transactions date back to Apr 14, 2025 — this suggests the filing covers earlier events and may be late.
Context
- The A-code entries are equity awards (likely RSUs or similar) issued as compensation (acquired at $0.00). The F-code disposal reflects shares surrendered to cover tax withholding — a routine step when awards vest.
- The open-market purchases (P) represent outright buys and are the most direct bullish signal among these moves; the withheld shares (F) are not a sale for cash but a tax-related transfer.
- Gifts (G) are personal transfers and generally do not reflect the executive’s view of the company’s stock.
Insider Transaction Report
Form 4
TENNANT COTNC
Huml David W.
DirectorPRESIDENT AND CEO
Transactions
- Gift
Common Stock
2025-04-14−17,571→ 42,293 total - Gift
Common Stock
2025-04-14+17,571→ 46,175 total(indirect: By Trust) - Award
Common Stock
2026-02-26+35,472→ 77,765 total - Tax Payment
Common Stock
2026-02-26$62.73/sh−13,807$866,113→ 63,958 total - Purchase
Common Stock
[F1]2026-02-26$64.02/sh+2,600$166,463→ 66,558 total - Purchase
Common Stock
[F2]2026-02-26$65.01/sh+1,225$79,637→ 67,783 total - Purchase
Common Stock
[F3]2026-02-26$65.48/sh+175$11,460→ 67,958 total - Award
Common Stock
2026-02-26+28,694→ 96,652 total
Footnotes (3)
- [F1]Reflects the weighted average price of 2,600 shares of common stock of Tennant Company purchased by the reporting person in multiple transactions on February 26, 2026 with purchase prices ranging from $63.45 to $64.33 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- [F2]) Reflects the weighted average price of 1,225 shares of common stock of Tennant Company purchased by the reporting person in multiple transactions on February 26, 2026 with purchase prices ranging from $64.45 to $65.43 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- [F3]) Reflects the weighted average price of 175 shares of common stock of Tennant Company purchased by the reporting person in multiple transactions on February 26, 2026 with purchase prices ranging from $65.48 to $65.49 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
Signature
/s/ Kristin A. Erickson on behalf of David W. Huml|2026-03-02