Tennant Co (NYSE: TNC) CCO sells 6,875 shares around $88

Rhea-AI Filing Summary

Tennant Company’s Chief Commercial Officer Richard H. Zay sold 6,875 shares of Common Stock in an open-market transaction. The shares were sold on May 7, 2026 at a weighted average price of about $88.02 per share, with individual sale prices ranging from $88.00 to $88.28. After this sale, he directly holds 27,518 Tennant shares.

Insights

Insider trading and governance analyst

Tennant’s CCO executed a single open-market sale, retaining a meaningful share position.

The filing shows Chief Commercial Officer Richard H. Zay completed an open-market sale of 6,875 shares of Tennant Company Common Stock on May 7, 2026 at a weighted average price near $88.02 per share, with trades between $88.00 and $88.28.

Following the sale, he directly holds 27,518 shares, indicating he retains a substantial equity stake. There are no derivative positions listed in this filing’s derivative summary, and no reference to a Rule 10b5-1 trading plan in the provided excerpt, so the transaction appears as a straightforward discretionary sale.

As a single open-market sale by a senior executive, the signal is moderate and must be viewed in context of his remaining holdings and future disclosures in company filings that may detail additional transactions or compensation-related grants.

Insider Trade Summary

Net Seller: 6,875 shares ($605,103)

Net Sell 1 txn

Insider Zay Richard H.

Role CHIEF COMMERCIAL OFFICER

Sold 6,875 shs ($605K)

Type	Security	Shares	Price	Value
Sale	Common Stock	6,875	$88.015	$605K

Holdings After Transaction: Common Stock — 27,518 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 6,875 shares Weighted average sale price: $88.015 per share Sale price range: $88.00–$88.28 per share +1 more

4 metrics

Shares sold 6,875 shares Open-market sale on May 7, 2026

Weighted average sale price $88.015 per share Common Stock sale on May 7, 2026

Sale price range $88.00–$88.28 per share Multiple transactions on May 7, 2026

Shares held after transaction 27,518 shares Direct holdings following sale

Key Terms

open-market sale, weighted average price, Common Stock, Form 4

4 terms

open-market sale financial

"6,875 shares of common stock of Tennant Company sold by the reporting person in multiple transactions"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"Reflects the weighted average price of 6,875 shares of common stock"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Common Stock financial

"6,875 shares of common stock of Tennant Company sold by the reporting person"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Zay Richard H.

(Last) (First) (Middle)

10400 CLEAN STREET

(Street)

EDEN PRAIRIE MINNESOTA 55344

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TENNANT CO [ TNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF COMMERCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/07/2026		S		6,875	D	$88.015(1)	27,518	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the weighted average price of 6,875 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on May 7, 2026 with sale prices ranging from $88.00 to $88.28 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

	/s/ Kristin A. Erickson on behalf of Richard H. Zay	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Tennant Co (TNC) report for Richard H. Zay?

Tennant Co reported that Chief Commercial Officer Richard H. Zay sold 6,875 shares of Common Stock. The open-market sale occurred on May 7, 2026, and was executed at a weighted average price near $88.02 per share, based on multiple trades that day.

At what price did Tennant Co’s CCO sell his TNC shares?

The 6,875 Tennant Co shares were sold at a weighted average price of about $88.02. According to the filing, individual trades on May 7, 2026 took place in a price range from $88.00 to $88.28 per share across multiple executions.

How many Tennant Co (TNC) shares does Richard H. Zay hold after this sale?

After the reported sale, Richard H. Zay directly holds 27,518 shares of Tennant Co Common Stock. This figure reflects his remaining position immediately following the 6,875-share open-market transaction disclosed for May 7, 2026 in the Form 4 filing.

Was the Tennant Co insider transaction a buy or sell of TNC shares?

The Tennant Co insider transaction was a sale of TNC shares. Chief Commercial Officer Richard H. Zay executed an open-market sale of 6,875 shares of Common Stock on May 7, 2026, with a weighted average sale price around $88.02 per share.

Does the Tennant Co Form 4 mention a trading plan for this insider sale?

The provided Tennant Co Form 4 excerpt does not mention any Rule 10b5-1 trading plan. It describes the May 7, 2026 activity as multiple open-market sale transactions totaling 6,875 shares, with price details and remaining direct holdings after the sale.