Director Gregory G. Montana receives 1,490-share stock grant at Pinnacle (NASDAQ: PNFP)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pinnacle Financial Partners director Gregory G. Montana reported an equity award of common stock. He acquired 1,490 shares of Pinnacle Financial Partners, Inc. common stock on May 21, 2026, as a grant, award, or other acquisition rather than an open-market purchase. Following this award, he directly holds 4,459 common shares. The footnotes explain that these shares are subject to restricted stock units that vest on the earlier of the one-year anniversary of the grant date or the company’s next annual shareholders meeting, tying the award to his ongoing board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Montana Gregory G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,490 | $97.33 | $145K |
Holdings After Transaction:
Common Stock — 4,459 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,490 shares
Grant value per share: $97.33 per share
Shares held after grant: 4,459 shares
3 metrics
Shares granted
1,490 shares
Grant, award, or other acquisition of common stock on May 21, 2026
Grant value per share
$97.33 per share
Valuation used for the 1,490-share equity award
Shares held after grant
4,459 shares
Total direct Pinnacle common shares held following the transaction
Key Terms
restricted stock units, grant, award, or other acquisition, annual shareholders meeting
3 terms
restricted stock units financial
"These shares are subject to restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Pinnacle Financial Partners (PNFP) report for Gregory G. Montana?
Gregory G. Montana reported receiving 1,490 shares of Pinnacle common stock as an equity grant. The Form 4 notes this was a grant, award, or other acquisition, not an open-market trade, reflecting routine director compensation in stock-based form.
Was the PNFP Form 4 transaction for Gregory G. Montana a stock purchase or a grant?
The transaction was a grant, not a purchase. The filing labels the event with code A, described as a grant, award, or other acquisition, and classifies the direction as “acquire,” indicating compensation-related stock, not an open-market buy on an exchange.
At what price was Gregory G. Montana’s PNFP stock grant valued in the Form 4?
The 1,490-share grant was valued at $97.33 per share in the Form 4. This price represents the grant or fair value used for the award calculation, rather than an execution price from an open-market trade on a public exchange.
What vesting terms apply to Gregory G. Montana’s restricted stock units in PNFP?
The footnote states these shares are subject to restricted stock units that vest on the earlier of the one-year anniversary of the grant date or the company’s next annual shareholders meeting, linking vesting to both time-based service and the upcoming shareholder meeting schedule.