Pinnacle Financial (PNFP) eyes new multimillion-dollar share sale
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.
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Key Figures
Shares proposed for sale: 54,107 shares
Aggregate market value of proposed sale: $5,850,475.00
Prior sale 1: 2,737 shares for $295,600.00
+4 more
7 metrics
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
Key Terms
Form 144, Restricted Stock Vesting, 401k Purchases
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.