Pinnacle Financial (PNFP) director moves 13,087 shares to spouse
Rhea-AI Filing Summary
Pinnacle Financial Partners, Inc. director Abney S. III reported an internal reallocation of 13,087 shares of common stock on 2026-08-03. Shares were transferred from Boxley Family, LLC to the reporting person's spouse in a private transaction, exchanged for other securities held by the spouse and not conducted in the open market. Following the transfer, indirect holdings were 13,473 shares through the spouse and 3,450 shares through a daughter, in addition to 23,814 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
BOXLEY ABNEY S III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 13,087 | -- | -- |
| Other | Common Stock F1 | 13,087 | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By Boxley Family, LLC);
Common Stock — 13,473 shares (Indirect, By Spouse);
Common Stock — 23,814 shares (Direct);
Common Stock — 3,450 shares (Indirect, By Daughter)
Footnotes (1)
- F1. Represents shares of common stock transferred to the reporting person's spouse in a private transaction in exchange for certain other securities held by the spouse. The transaction was not conducted in the open market.
Key Figures
Shares transferred: 13087.0000 shares
Boxley Family, LLC holdings after transfer: 0.0000 shares
Spouse indirect holdings after transfer: 13473.0000 shares
+2 more
5 metrics
Shares transferred
13087.0000 shares
Common stock moved from Boxley Family, LLC to spouse in a private, non-market exchange
Boxley Family, LLC holdings after transfer
0.0000 shares
Indirect ownership via Boxley Family, LLC following the disposition leg of the transaction
Spouse indirect holdings after transfer
13473.0000 shares
Indirect ownership reported as "By Spouse" after receiving 13,087 shares
Direct holdings after transaction
23814.0000 shares
Common stock held directly by the reporting person as of 2026-08-03
Daughter indirect holdings
3450.0000 shares
Indirect ownership reported as "By Daughter" after the restructuring
Key Terms
private transaction, open market, indirect holdings
3 terms
private transaction financial
"Represents shares of common stock transferred to the reporting person's spouse in a private transaction"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
open market financial
"The transaction was not conducted in the open market."
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
indirect holdings financial
"indirect holdings were 13,473 shares through the spouse and 3,450 shares through a daughter"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What are Abney S. III’s PNFP holdings after this transaction?
After the transaction, he reports 23,814 shares held directly, 13,473 shares indirectly through his spouse, and 3,450 shares indirectly held through a daughter, with Boxley Family, LLC showing zero shares.
Did the PNFP Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5‑1 checkbox was not marked as affirmative, and the footnote describes a private exchange within the family rather than trades under a pre‑arranged trading plan.
Did the PNFP director’s transaction change his overall economic exposure significantly?
The filing shows a transfer of 13,087 shares between family-related accounts, with direct holdings of 23,814 shares and indirect stakes through spouse and daughter, indicating a restructuring rather than an open‑market purchase or sale.