Pinnacle Financial (PNFP) CEO Kevin S. Blair Buys 2,565 Shares
$PNFP · Pinnacle Financial Partners, Inc.Research Summary
AI-generated summary of this SEC filing
Pinnacle Financial (PNFP) CEO Kevin S. Blair Buys 2,565 Shares
What Happened
Kevin S. Blair, CEO of Pinnacle Financial Partners, Inc. (PNFP), made an open-market purchase of 2,565 shares on September 1, 2026. The shares were acquired at $97.48 per share for a total outlay of approximately $250,036. This transaction is reported on a Form 4 as a purchase (transaction code P).
Key Details
- Transaction date: 2026-09-01
- Price per share: $97.48
- Shares acquired: 2,565
- Total value: ~$250,036
- Transaction type: Open-market purchase (Code P)
- Form 4 filed with the SEC: 2026-09-02 (reported the prior day’s transaction) — within the typical Form 4 reporting window
- Shares owned after transaction: Not specified in the provided filing excerpt
- No footnotes, 10b5-1 plan, or tax-withholding details disclosed in the excerpt
Context
Insider purchases are often watched by investors as a potential positive signal, since executives buying stock can indicate confidence in the company; however, they are not definitive proof of future performance. This filing shows a direct buy rather than an option exercise, gift, or other derivative transaction. Retail investors may want to track additional insider activity or look at the CEO’s trading history for a clearer pattern.