Tennant (NYSE: TNC) CCO disposes 840 shares for tax withholding

Rhea-AI Filing Summary

Tennant Company’s chief commercial officer, Richard H. Zay, reported a tax-related share disposition. On this Form 4, he transferred 840 shares of Tennant common stock at $61.03 per share to cover tax obligations. After this tax-withholding disposition, he directly owned 34,393 Tennant shares.

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

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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 MN 55344

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

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

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

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

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	02/28/2026		F		840	D	$61.03	34,393	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:

	/s/ Kristin A. Erickson on behalf of Richard H. Zay	03/03/2026
	** 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).
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FAQ

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

Tennant reported that chief commercial officer Richard H. Zay disposed of 840 common shares. The transaction was a tax-withholding disposition, not a traditional open-market trade, and was executed at a price of $61.03 per share according to the Form 4.

What is the size and price of the Tennant (TNC) insider share disposition?

Richard H. Zay disposed of 840 Tennant common shares at $61.03 per share. The filing describes this as a tax-withholding disposition, meaning shares were delivered to satisfy tax obligations rather than sold as a standard market transaction.

How many Tennant (TNC) shares does Richard H. Zay own after this Form 4?

After the reported tax-withholding disposition, Richard H. Zay directly owns 34,393 Tennant common shares. This post-transaction holding figure is disclosed in the Form 4 and reflects his remaining direct ownership following the 840-share transfer.

What does transaction code F mean in the Tennant (TNC) Form 4 filing?

Transaction code F in this Tennant Form 4 indicates payment of an exercise price or tax liability by delivering securities. Here, it shows that Richard H. Zay used 840 common shares to cover tax obligations, rather than executing a standard buy or sell trade.

Was the Tennant (TNC) insider transaction classified as a buy or sell?

The transaction is classified as a disposition related to tax withholding, not a traditional buy or sell. The Form 4 labels it as a tax-withholding disposition with transaction code F, reflecting payment of tax liability using 840 Tennant common shares.