Farnsworth Thomas C III 4
4 · Pinnacle Financial Partners, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Pinnacle Financial (PNFP) Director Thomas C. Farnsworth III Receives Award
What Happened
Thomas C. Farnsworth III, a director of Pinnacle Financial Partners, Inc. (PNFP), was granted 1,490 restricted stock units (RSUs) on 2026-05-21. The grant is reported at a per-share value of $97.33, for a total reported value of approximately $145,022. This transaction is an award (acquisition) of compensation-related equity rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-21; filing date: 2026-05-22 (timely filing).
- Grant: 1,490 RSUs at $97.33 per share; total reported value ≈ $145,022.
- Transaction code: A (award/grant).
- Shares owned after transaction: Not specified in the filing.
- Footnote: RSUs vest on the earlier of the one-year anniversary of the grant date or the company’s next annual shareholders meeting (see F1).
- No indication of immediate sale or tax-withholding shares in this filing.
Context
RSU grants are a form of compensation and typically vest over time; they are not an immediate market purchase and do not by themselves signal buying or selling intent. For investors, such awards align director interests with shareholders but should be weighed alongside other insider activity and company fundamentals.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-21$97.33/sh+1,490$145,022→ 29,767 total
- 2,000
Fixed-Rate Non-Cum Perpetual Preferred Stock Ser C
Footnotes (1)
- [F1]These shares are subject to restricted stock units. The units vest on the earlier of the one-year anniversary of the grant date or the Company's next annual shareholders meeting.