TNC (NYSE: TNC) insider propo ses sale of 6,875 shares tied to vesting awards
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
TNC filed a Form 144 reporting a proposed sale of 6,875 shares of Common Stock. The sale is tied to compensatory awards for Richard Zay: 1,267 shares (02/25/2023), 2,441 shares (02/28/2023) and 3,167 shares (02/27/2024), with an indicated sale date of 05/08/2026.
The filing lists an aggregate value of $604,678.52 and shows a figure of 17,040,000 shares with the date 05/07/2026 in the securities header. The entries are described as compensatory payments tied to award vesting.
Positive
- None.
Negative
- None.
Key Figures
Registered/offered shares: 6,875 shares
Aggregate value: $604,678.52
Award tranche 1: 1,267 shares
+3 more
6 metrics
Registered/offered shares
6,875 shares
Total listed in the securities header
Aggregate value
$604,678.52
Value shown in the securities information header
Award tranche 1
1,267 shares
Employment-related restricted award vesting (02/25/2023) payable 05/08/2026
Award tranche 2
2,441 shares
Employment-related performance award vesting (02/28/2023) payable 05/08/2026
Award tranche 3
3,167 shares
Employment-related performance award vesting (02/27/2024) payable 05/08/2026
Header shares figure
17,040,000 shares
Figure shown with date <date>05/07/2026</date> in securities header
Key Terms
Form 144, restricted award vesting, performance award vesting, compensatory payment
4 terms
Form 144 regulatory
"Filed a Form 144 reporting a proposed sale of 6,875 shares"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
restricted award vesting financial
"Employment related - restricted award vesting | Richard Zay"
performance award vesting financial
"Employment related - performance award vesting | Richard Zay"
compensatory payment financial
"Compensatory payment Common Stock entries for vested awards"
FAQ
What does TNC's Form 144 disclose about Richard Zay's planned sale?
The Form 144 discloses a proposed sale of 6,875 shares of Common Stock tied to awards vesting. The filing lists three award tranches totaling 6,875 shares with an indicated sale date of 05/08/2026.
What monetary value does TNC show in the Form 144 filing?
The filing lists an aggregate figure of $604,678.52. That amount appears in the securities header and is presented alongside the share counts and sale date information.