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Tennant Company (TNC) officer Patrick W. Schottler reported a Form 4 transaction. On 11/03/2025, a transaction coded F in common stock covered 153 shares at $80. Following the transaction, he beneficially owned 5,840 shares, held directly.
Schottler is listed as SVP, Chief Marketing & Technology Officer. The filing indicates it was made by one reporting person, with the signature submitted on 11/05/2025.
Tennant Company (TNC) reported Q3 2025 results with net sales of $303.3 million versus $315.8 million a year ago as lower volumes in North America offset pricing gains. Gross margin was 42.7%, up 30 bps, while operating income fell to $22.3 million from $30.6 million. Diluted EPS was $0.80 versus $1.09.
Year to date, net sales were $911.9 million versus $957.8 million, and diluted EPS was $2.57 versus $4.03. By region in Q3: Americas $203.6 million (down 6.9%), EMEA $80.5 million (up 5.5%, aided by currency), and APAC $19.2 million (down 7.7%). Operating cash flow was $50.8 million for the first nine months, supporting share repurchases of $56.3 million and dividends of $16.4 million.
Revolving credit borrowings were $237.5 million with about $409.3 million of unused capacity; the weighted average cost of debt was approximately 5.7% (about 4.5% net of swaps). Deferred revenue rose to $27.5 million. The company recorded $1.3 million in Q3 restructuring costs and an additional $5.3 million accrual tied to an intellectual property case, bringing total damages and interest to about $20.2 million. As of October 31, 2025, shares outstanding were 18,125,969.
Tennant Company furnished an update on results of operations and financial condition. The company submitted a news release as Exhibit 99, dated November 3, 2025, via a Form 8-K.
The company states the information in Item 2.02 and Exhibit 99 is furnished and not deemed filed under the Exchange Act, and is not incorporated by reference into Securities Act filings. No additional financial details are included in this excerpt.
Richard H. Zay, Chief Commercial Officer of Tennant Company (TNC), reported the sale of 4,042 shares of Tennant common stock on 08/19/2025 at a weighted average price of $83.2074 per share, with individual sale prices ranging from $83.02 to $83.29. After the sale, Mr. Zay beneficially owned 20,998 shares. The Form 4 was signed on behalf of the reporting person and filed to disclose these changes in beneficial ownership.
Tennant Company (TNC) notice reports a proposed sale under Rule 144 of 4,042 common shares, with an aggregate market value of $336,324.23, representing part of the company's publicly traded common stock listed on the NYSE. The shares were acquired on 02/21/2025 through the vesting of a stock award from TENNANT CO and are characterized as a compensatory payment. The filer indicates no securities sold in the past three months and names Merrill Lynch as the broker with an approximate sale date of 08/19/2025. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.
Date of Report: August 6, 2025. Registrant: Tennant Company (TNC), incorporated in Minnesota (Commission File No. 1-16191); principal office 10400 Clean Street, Eden Prairie, MN 55344; phone 763 540-1200.
Form: Current Report on Form 8-K pursuant to Section 13 or 15(d). Item 2.02: Company issued a news release attached as Exhibit 99 dated August 6, 2025; the release is furnished, not filed, for purposes of Section 18. Item 9.01: Exhibits listed are 99 (News Release) and 104 (Cover Page Interactive Data File). Registrant is not marked as an emerging growth company. Form signed by Fay West, SVP & CFO, dated August 6, 2025.
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