Bishop Daniel Zachary 4

What Happened
Bishop Daniel Zachary, Chief Operating Officer of Pinnacle Financial Partners (PNFP), had 7 shares withheld on March 30, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units and associated dividend payments. The shares were valued at $83.55 each, for a cash value of $585. This was a tax-withholding disposition (not an open-market sale or purchase) and is generally a routine administrative action following RSU vesting.

Key Details

• Transaction date and price: 2026-03-30 at $83.55 per share.
• Shares withheld/disposed: 7 shares; total value ≈ $585.
• Filing date / accession: Filed 2026-04-01 (Accession 0001907180-26-000006).
• Shares owned after transaction: Not provided in the supplied filing summary.
• Footnote: F1 — shares were withheld to pay tax withholding obligations upon RSU vesting and dividend payment.
• Timeliness: Filing appears timely (filed within the standard Form 4 reporting window).

Context
Tax-withholding dispositions (code F) occur when companies withhold a portion of vested equity to cover taxes; they do not indicate a deliberate decision to sell by the insider and typically carry limited interpretive weight about the insider’s view of the company. This was not a purchase or open-market sale; it reflects standard compensation administration.