Tennant Co (NYSE: TNC) director gets 1,490-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TENNANT CO director Patrick E. Allen received a stock-based compensation award. On 2026-05-07, he acquired 1,490 shares of Common Stock at a stated price of $0.00 per share through a non-employee director restricted stock unit grant. Following this award, he directly holds 1,927 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ALLEN PATRICK E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,490 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,927 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,490 shares
Grant price: $0.00 per share
Shares held after grant: 1,927 shares
3 metrics
Shares granted
1,490 shares
Non-employee director restricted stock unit grant on May 7, 2026
Grant price
$0.00 per share
Reported transaction price for the RSU-related Common Stock
Shares held after grant
1,927 shares
Total direct Common Stock holdings following the award
Key Terms
restricted stock unit, Common Stock, Grant, award, or other acquisition
3 terms
restricted stock unit financial
"Non-Employee Director restricted stock unit grant."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Common Stock financial
"security_title": "Common Stock""
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Tennant Co (TNC) report for Patrick E. Allen?
Tennant Co reported that director Patrick E. Allen received a grant of 1,490 shares of Common Stock as a non-employee director restricted stock unit award, increasing his direct holdings to 1,927 shares following the transaction.
Was the Tennant Co (TNC) insider transaction a purchase or a grant?
The transaction was a grant, not an open-market purchase. Patrick E. Allen received 1,490 shares of Common Stock as a non-employee director restricted stock unit award with a reported price of $0.00 per share under his compensation program.
What does the Form 4 code "A" mean in Tennant Co (TNC) director’s filing?
In this Form 4, code "A" indicates a grant, award, or other acquisition. For Tennant Co, it reflects Patrick E. Allen’s receipt of 1,490 Common Stock shares as a non-employee director restricted stock unit grant rather than an open-market trade.