Huml David W. 4
Research Summary
AI-generated summary
Tennant (TNC) CEO David Huml Withholds 4,268 Shares for Taxes
What Happened
- David W. Huml, President & CEO and a director of Tennant Company (TNC), had 4,268 shares withheld on Feb 28, 2026 to satisfy tax withholding related to a prior equity award/option exercise. The shares were valued at $61.03 each, totaling approximately $260,476. This was a tax-withholding disposition (Form 4 code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-28; filing date: 2026-03-03.
- Price: $61.03 per share; Shares withheld/disposed: 4,268; Total value: ~$260,476.
- Transaction type: Tax withholding/payment related to exercise (code F) — shares surrendered to cover tax liability.
- Shares owned after transaction: not specified in the information provided in this summary.
- No indication in the provided filing that this was part of a 10b5-1 plan or that the Form 4 was late.
Context
- This is a routine tax-withholding event following an equity award or option exercise. It is not the same as a voluntary open-market sale and should not be interpreted as a directional trade signal; purchases are generally more informative about insider sentiment.