TENNANT CO·4

Mar 2, 5:36 PM ET

Balinski Barb 4

Research Summary

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Tennant (TNC) SVP Barb Balinski Receives Stock Award

What Happened
Barb Balinski, Senior Vice President & Chief Transformation Officer at Tennant Co. (TNC), received an equity award that vested/was granted on 2026-02-26 totaling 10,008 shares (two award entries: 5,579 and 4,429 shares). To cover tax withholding related to the award, 1,810 shares were surrendered at $62.73 per share (code F) for a withholding value of $113,541. Net shares added to her position from the award were 8,198 shares (10,008 granted minus 1,810 withheld), equivalent to roughly $514,260 using the $62.73 per-share figure.

Key Details

  • Transaction date: 2026-02-26; Form filed: 2026-03-02 (report covers 02/26/2026).
  • Award entries: 5,579 shares and 4,429 shares (code A, acquired at $0.00 per report).
  • Tax withholding: 1,810 shares disposed (code F) at $62.73 per share = $113,541.
  • Net shares received: 8,198 (approximate net value ≈ $514,260 using $62.73).
  • Shares owned after transaction: not reported in the provided filing details.
  • No 10b5-1 or late-filing flag shown in the provided data.

Context
This was a compensation-related equity award with routine tax withholding (the F code indicates shares were surrendered to cover tax liabilities). This is not an open-market sale or purchase by the insider; such withholding is common on vesting/grant events and does not by itself indicate a change in insider sentiment. A = award/grant; F = tax withholding/expense payment.