ERICKSON KRISTIN A. 4
Research Summary
AI-generated summary
Tennant (TNC) SVP Kristin Erickson Receives Awards, Sells 2,013 Shares
What Happened
- Kristin A. Erickson, SVP, CHRO & GC of Tennant Company (TNC), received two stock awards on 2026-02-26 totaling 11,524 shares (6,366 shares and 5,158 shares) reported at $0.00 per share (award grants).
- To cover tax withholding related to these awards, 2,013 shares were disposed (code F) at $62.73 each, generating about $126,275 in value surrendered to cover taxes. The award shares themselves were granted (not purchased).
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-03-02.
- Awards: 6,366 shares and 5,158 shares granted (price reported $0.00 — typical for stock awards/vested RSUs).
- Tax withholding: 2,013 shares disposed at $62.73/share for a total of ~$126,275 (code F = tax withholding).
- Shares owned after the transaction: not specified in the information provided in this summary.
- Filing timeliness: The Form 4 was filed 2026-03-02 for a 2026-02-26 transaction; this appears to be after the standard two-business-day filing window.
Context
- These entries reflect receipt of equity awards and a routine tax-withholding disposition of shares to satisfy tax obligations (not an open-market sale for investment reasons).
- Awards (A) are generally compensation/vesting events; the withheld shares (F) are a common mechanism to cover withholding taxes and do not necessarily indicate a view on the company's stock.