Pinnacle Financial Partners (PNFP) chair reports 27,335-share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pinnacle Financial Partners, Inc. board chair M. Terry Turner reported a bona fide gift of 27,335 shares of Common Stock. The shares were transferred at no stated price as a gift rather than a market sale. After this disposition, Turner directly holds 425,351 Pinnacle Financial shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
27,335 shares gifted
Mixed
1 txn
Insider
TURNER M TERRY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 27,335 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 425,351 shares (Direct, null)
Footnotes (1)
Key Figures
Shares gifted: 27,335 shares
Shares held after transaction: 425,351 shares
Gift price per share: $0.0000 per share
3 metrics
Shares gifted
27,335 shares
Bona fide gift of Common Stock, transaction code G
Shares held after transaction
425,351 shares
Direct Common Stock ownership following reported gift
Gift price per share
$0.0000 per share
Reported transaction price for gifted Common Stock
Key Terms
Bona fide gift, Common Stock, Form 4, transaction code G
4 terms
Bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code G regulatory
"transaction_code: "G" with description "Bona fide gift""
FAQ
What did M. Terry Turner report in the latest PNFP Form 4?
M. Terry Turner reported a bona fide gift of 27,335 shares of Pinnacle Financial Partners Common Stock. The transfer was recorded at zero dollars per share and classified as a gift transfer, not a market sale or purchase, under SEC transaction code G.
Was the PNFP insider transaction a sale or a gift?
The transaction was a gift, not a sale. The Form 4 lists transaction code G, described as a bona fide gift, with a price per share of $0.0000, indicating there was no cash consideration and no open-market selling involved in this disposition.
What role does M. Terry Turner have at Pinnacle Financial (PNFP)?
M. Terry Turner is identified as a director and Chair of the Board at Pinnacle Financial Partners. His Form 4 filing reflects insider activity in that capacity, documenting the gift transfer of Common Stock rather than a compensatory award or open-market transaction.