Pinnacle Financial (PNFP) CLO exercises awards and surrenders shares
Rhea-AI Filing Summary
Pinnacle Financial Partners Chief Legal Officer Allan E. Kamensky reported a series of equity award transactions. On February 13–16, 2026, he exercised restricted stock units into common stock in three blocks of 738, 1,094 and 807 shares at $0 per share as derivative exercises. He then disposed of equal blocks of 738, 1,094 and 807 common shares back to the issuer at $95.12 per share, ending with 48,940 common shares held directly.
He also reports 2,666 common shares held indirectly by his spouse as of February 13, 2026. A related footnote states that certain restricted stock units are settled in cash upon vesting, with one-third vesting each year over three years, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 807 | $0.00 | $0.00 |
| Exercise | Common Stock | 807 | $0.00 | $0.00 |
| Disposition | Common Stock | 807 | $95.12 | $77K |
| Exercise | Restricted Stock Units | 1,094 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,094 | $0.00 | $0.00 |
| Disposition | Common Stock | 1,094 | $95.12 | $104K |
| Exercise | Restricted Stock Units | 738 | $0.00 | $0.00 |
| Exercise | Common Stock | 738 | $0.00 | $0.00 |
| Disposition | Common Stock | 738 | $95.12 | $70K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
What insider transactions did Pinnacle Financial (PNFP) disclose for Allan E. Kamensky?
What do the "M" and "D" transaction codes mean in the PNFP Form 4 for Allan E. Kamensky?
How are Allan E. Kamensky’s restricted stock units in Pinnacle Financial (PNFP) structured?
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