4Accepted Sep 11, 4:27 PM ET
Tennant (TNC) SVP Patrick Schottler Receives Award of 2,707 Shares
Accepted (ET)
4:27 PM
Sep 11, 2026
Filed
Sep 11, 2026
Documents
1
Size
4.7 KB
Summary
Tennant (TNC) SVP Patrick Schottler Receives Award of 2,707 Shares
What Happened
Patrick W. Schottler, Senior Vice President, Robotics at Tennant Company (TNC), was granted 2,707 shares on August 10, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) with an acquisition price listed as $0.00.
Key Details
- Transaction date: 2026-08-10 (Period of Report). Form 4 filed: 2026-09-11 (accession 0002022060-26-000005) — filing appears late relative to the standard 2-business-day rule for Section 16 reporting.
- Shares granted: 2,707; acquisition price per share on the form: $0.00 (award/grant).
- Shares owned after the transaction: not disclosed in the provided filing details.
- Footnotes/notable items: none provided in the summary data (no 10b5-1 plan, tax withholding, or cashless sale noted).
Context
An "A" code award/grant typically reflects compensation (e.g., restricted stock units or performance shares) rather than a market purchase or sale; such grants are common for executive compensation and do not by themselves indicate bullish or bearish trading intent. Retail investors often view purchases (P) as more direct signals than compensation grants. The late filing may be relevant for compliance tracking but does not change the nature of the award.