Pinnacle COO has 7 shares withheld for taxes
Pinnacle Financial Partners Chief Operating Officer Daniel Zachary Bishop reported a small tax-related share disposition.
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Rhea-AI Filing Summary
Pinnacle Financial Partners Chief Operating Officer Daniel Zachary Bishop reported a small tax-related share disposition. On this Form 4, 7 shares of common stock were withheld at $83.55 per share to cover tax withholding obligations tied to vesting restricted stock units and related dividends. After this transaction, he directly holds 33,186 shares of Pinnacle Financial Partners common stock, indicating the event is a routine compensation and tax-settlement matter rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7 | $83.55 | $584.85 |
Footnotes (1)
- F1. These shares were withheld to pay tax withholding obligations upon the vesting of certain restricted stock units and subsequent payment of dividends on those units.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
Form 4 regulatory
tax-withholding disposition financial
FAQ
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What insider transaction did Pinnacle Financial Partners (PNFP) report for its COO?
What does the F transaction code mean in the PNFP COO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.