Hurley Jill K 4
Research Summary
AI-generated summary
PNFP Chief Accounting Officer Jill Hurley Withholds 630 Shares for Taxes
What Happened
- Jill K. Hurley, Chief Accounting Officer of Pinnacle Financial Partners, had 630 shares withheld on Feb 13, 2026 to satisfy tax withholding obligations related to vested restricted stock units (RSUs). The withholding was recorded at $95.12 per share, a total value of approximately $59,926.
- This was a tax-withholding disposition (not an open-market sale) tied to RSU vesting; such withholdings are routine and do not necessarily indicate a change in insider sentiment.
Key Details
- Transaction date: 2026-02-13; Form 4 filed: 2026-02-18 (filed 5 days after the transaction; insider reports are typically due within two business days).
- Price: $95.12 per share; Shares withheld/disposed: 630; Total value: ~$59,926.
- Shares owned after the transaction: not specified in the filing.
- Footnotes: F1 — shares were withheld upon RSU vesting to pay tax withholding obligations; F2 — the reported total includes 100 shares acquired via dividend accruals.
- Transaction code: F (tax withholding on vesting), not a purchase (P) or sale (S) in the open market.
Context
- Withheld shares to cover taxes on vested awards are common and are an administrative action rather than a market sale. They typically do not reflect a direct decision to liquidate holdings.
- For retail investors, this type of filing signals executive compensation activity (RSU vesting) rather than a buy or sell signal.