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Pinnacle Financial (PNFP) eyes new multimillion-dollar share sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Pinnacle Financial Partners (symbol PNFP) filed a notice that Michael Terry Turner intends to sell up to 54,107 shares of common stock through Raymond James & Associates on the NYSE, with an indicated aggregate market value of about $5,850,475.00, beginning on or after 08/17/2026. The shares derive from 401k purchases and restricted stock vesting, and the notice lists prior sales in August 2026 as background.

Positive

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Shares proposed for sale 54,107 shares Common stock to be sold on or after 08/17/2026
Aggregate market value of proposed sale $5,850,475.00 Indicated value of 54,107 common shares
Prior sale 1 2,737 shares for $295,600.00 Common stock sale on 08/06/2026
Prior sale 2 53,601 shares for $5,794,100.00 Common stock sale on 08/13/2026
Prior sale 3 66,783 shares for $7,213,317.00 Common stock sale on 08/14/2026
401k Purchases source 11,819 shares Shares from 401k Purchases dated 04/30/2026
Restricted Stock Vesting source 42,288 shares Shares from Restricted Stock Vesting dated 01/01/2026
Form 144 regulatory
"144: Securities Information Common"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Common | 01/01/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
401k Purchases financial
"Common | 04/30/2026 | 401k Purchases | Issuer"

FAQ

What does PNFP’s Form 144 filing by Michael Terry Turner disclose?

The filing discloses that Michael Terry Turner intends to sell up to 54,107 PNFP common shares with an indicated aggregate market value of about $5,850,475.00 through Raymond James & Associates on or after 08/17/2026 on the NYSE.

How many PNFP shares are proposed to be sold and what is their value?

The notice lists a proposed sale of 54,107 PNFP common shares with an aggregate market value of approximately $5,850,475.00. These figures come from the securities information section describing common stock to be sold on the NYSE.

When can the PNFP shares listed in this Form 144 be sold?

The proposed sale date in the Form 144 is 08/17/2026. This date marks when the 54,107 PNFP common shares may begin to be sold through Raymond James & Associates on the NYSE, subject to applicable Rule 144 conditions.

What prior PNFP stock sales by Michael Terry Turner are reported in this Form 144?

The filing lists three prior PNFP common stock sales: 2,737 shares for $295,600.00 on 08/06/2026; 53,601 shares for $5,794,100.00 on 08/13/2026; and 66,783 shares for $7,213,317.00 on 08/14/2026.

What is the source of the PNFP shares Michael Terry Turner plans to sell?

The notice indicates shares originate from 401k Purchases dated 04/30/2026 totaling 11,819 shares, and from Restricted Stock Vesting dated 01/01/2026 totaling 42,288 shares, which together correspond to the proposed 54,107-share sale.

Through which broker and exchange will the PNFP shares be sold under this Form 144?

The planned sales are listed as common stock sold through Raymond James & Associates, Inc., located in St. Petersburg, Florida, on the NYSE. The securities information section ties this broker and exchange to the 54,107-share proposed sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature