TENNANT CO·4

Mar 2, 5:33 PM ET

ERICKSON KRISTIN A. 4

Research Summary

AI-generated summary

Updated

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.