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TENNANT CO·4

May 11, 4:40 PM ET

Glerum James T Jr. 4

Research Summary

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TENNANT (TNC) Director James Glerum Receives RSU Award

What Happened
James T. Glerum Jr., a non-employee director of TENNANT CO (TNC), received a grant of 1,490 restricted stock units (RSUs) on May 7, 2026. The Form 4 reports the acquisition price as $0.00, so the reported transaction value is $0. This is an award/compensation grant rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-07; Filing date (Form 4): 2026-05-11 (timely filed).
  • Transaction type/code: Award/Grant (A).
  • Shares/units granted: 1,490 RSUs; reported price per share: $0.00; reported total value: $0.
  • Shares owned after transaction: Not specified in the provided summary of the filing.
  • Footnote: F1 — Non-Employee Director restricted stock unit grant.
  • No indication of a 10b5-1 plan, cashless exercise, tax withholding, or late filing in this filing.

Context
RSU grants to non-employee directors are a common form of compensation and typically vest over time per the company’s director compensation plan. An RSU award is different from a market purchase or sale — it represents compensation tied to future vesting and does not by itself indicate a buy/sell market signal.