Pinnacle Financial (PNFP) CAO granted PSUs and RSUs on Jan. 14 2026
Rhea-AI Filing Summary
Pinnacle Financial Partners, Inc. reported new equity-based awards for Chief Administrative Officer Jennifer Spinks Upshaw. On January 14, 2026, she received 5,102 performance stock units (PSUs) that may pay out between 0% and 200% of the target amount based on three-year performance measures, including relative adjusted return on average tangible common equity and relative tangible book value per share, subject to a relative total shareholder return modifier and continued employment.
She was also granted 2,187 restricted stock units that vest in three equal annual installments over three years and 10,412 restricted stock units that vest in full after two years, with both RSU awards to be settled in cash upon vesting and conditioned on continued employment. Following these awards, she reports beneficial ownership of 13,039 shares of Pinnacle common stock directly and 1,667 shares indirectly through her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 5,102 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,187 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 10,412 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These shares are subject to performance stock units (the "PSUs"). The PSUs are eligible to vest based on the level of achievement of two performance measures (relative adjusted return on average tangible common equity and relative tangible book value per common share accretion) measured over a three-year performance period, with each measure impacting one-half of the PSUs awarded to the reporting person, subject to a relative TSR modifier and the reporting person's continued employment through the conclusion of the performance period (with certain exceptions). The actual payout of the PSUs may range from 0% to 200% of the target amount, subject to the TSR modifier, based upon the results of the two performance measures during the performance period compared to the performance objective approved by the Compensation and Human Capital Committee of Pinnacle's Board of Directors. These shares are subject to restricted stock units that will be settled in cash upon vesting. The units vest 1/3 each year over a three-year period subject to the reporting person's continued employment with Pinnacle. These shares are subject to restricted stock units that will be settled in cash upon vesting. The units vest in full after a two-year period subject to the reporting person's continued employment with Pinnacle.
