Jenkins Decosta 4
Research Summary
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PNFP Director Jenkins Decosta Receives Award of 1,490 RSUs
What Happened Jenkins Decosta, a director of Pinnacle Financial Partners, received an award of 1,490 restricted stock units (RSUs) on 2026-05-21. The award is reported at a grant value of $97.33 per share, totaling $145,022. This was a grant/award (code A) rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-05-21; grant price reported as $97.33 per share.
- Shares/units granted: 1,490 RSUs; aggregate value reported $145,022.
- 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.
- Filing timeliness: Report filed 2026-05-22 (one day after the transaction), i.e., not indicated as late.
Context RSU grants are a form of compensation and typically do not convey voting or transfer rights until they vest. This award represents an acquisition of future equity rather than an immediate market purchase; it does not by itself indicate an intent to buy or sell stock on the open market.