Pinnacle (PNFP) CRO Shellie Creson Withholds 4 Shares for Taxes

What Happened

• Shellie Creson, Chief Risk Officer of Pinnacle Financial Partners (PNFP), had 4 shares withheld on 2026-03-30 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were recorded as disposed at $83.55 per share, for a total value of $334.
• This was a routine tax-withholding disposition (transaction code F), not an open-market sale or purchase and does not necessarily indicate a change in insider sentiment.

Key Details

• Transaction date and price: 2026-03-30 — 4 shares withheld at $83.55 each (total $334).
• Transaction code: F (shares withheld to satisfy tax withholding).
• Footnote: F1 — Shares were withheld to pay tax withholding obligations upon the vesting of certain restricted stock units and subsequent payment of dividends on those units.
• Filing: Report filed 2026-04-01 (appears to be timely; Form 4s are generally due within two business days).
• Shares owned after the transaction: Not specified in the provided filing.

Context

• Tax-withholding withholdings on RSU vesting are common and typically administrative; they are treated as a disposition for reporting but differ from a deliberate sale in the open market.
• For retail investors, these transactions are routine and generally less informative about an insider's market view than outright purchases or discretionary sales.