Pinnacle Financial (PNFP) officer logs minor 3-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pinnacle Financial Partners, Inc. reported a small insider tax-related transaction by its Chief Accounting Officer, Jill K. Hurley. On March 30, 2026, 3 shares of common stock were disposed of at $83.55 per share to cover tax withholding tied to vesting restricted stock units and related dividends. After this routine withholding, Hurley directly holds 2,662 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hurley Jill K
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3 | $83.55 | $250.65 |
Holdings After Transaction:
Common Stock — 2,662 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 3 shares
Withholding price: $83.55 per share
Shares owned after transaction: 2,662 shares
3 metrics
Tax-withheld shares
3 shares
Common Stock withheld on March 30, 2026
Withholding price
$83.55 per share
Value used for tax-withholding disposition
Shares owned after transaction
2,662 shares
Direct common stock held by Jill K. Hurley after withholding
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition
3 terms
restricted stock units financial
"upon the vesting of certain restricted stock units and subsequent payment"
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.
tax withholding obligations financial
"These shares were withheld to pay tax withholding obligations upon the vesting"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" describing the Form 4 code F event"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did PNFP’s Chief Accounting Officer report on this Form 4?
The filing reports that PNFP Chief Accounting Officer Jill K. Hurley had 3 shares of common stock withheld on March 30, 2026. These shares were used to satisfy tax withholding obligations from vesting restricted stock units and related dividend payments, not an open-market sale.
What does transaction code “F” mean in the PNFP Form 4 filing?
Transaction code “F” indicates a tax-withholding disposition, where shares are surrendered to cover exercise price or tax liabilities. In this PNFP filing, 3 shares were withheld to pay tax withholding obligations tied to vesting restricted stock units and dividend payments.
Does this PNFP Form 4 indicate any remaining derivative or option positions?
No remaining derivative or option positions are listed in the derivative summary of this Form 4. The filing only reports a small non-derivative tax-withholding event involving 3 common shares, with no additional derivative securities disclosed in the provided data.