Tennant Co (TNC) director receives 1,490-share restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tennant Company director Carol S. Eicher received an equity award in the form of restricted stock units. On May 7, 2026, she acquired 1,490 shares of Tennant common stock at a stated price of $0.00 per share as a grant, not an open-market purchase.
Following this non-employee director restricted stock unit grant, she directly holds 30,326 shares of Tennant common stock. This filing reflects routine equity-based compensation rather than a discretionary buy or sell in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
EICHER CAROL S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,490 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,326 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,490 shares
Grant price per share: $0.00 per share
Shares held after grant: 30,326 shares
3 metrics
Shares granted
1,490 shares
Restricted stock unit grant on May 7, 2026
Grant price per share
$0.00 per share
Equity award, not open-market purchase
Shares held after grant
30,326 shares
Total direct Tennant common stock holdings after transaction
Key Terms
restricted stock unit, Non-Employee Director, Common Stock, Form 4
4 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.
Non-Employee Director financial
"Non-Employee Director restricted stock unit grant."
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.
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.
FAQ
What insider transaction did Tennant Co (TNC) report for Carol S. Eicher?
Tennant Co reported that director Carol S. Eicher received a grant of 1,490 shares of common stock as restricted stock units. This was compensation-related, not an open-market trade, and increased her direct holdings in Tennant.
What are Carol S. Eicher’s total Tennant Co (TNC) holdings after this grant?
After the restricted stock unit grant, Carol S. Eicher directly holds 30,326 shares of Tennant common stock. This total reflects her updated ownership position following the 1,490-share compensation award disclosed in the Form 4 filing.
Was the Tennant Co (TNC) Form 4 transaction an open-market buy or a stock grant?
The Tennant Co Form 4 shows a stock grant, not an open-market buy. The transaction is coded as a grant or award, with 1,490 shares issued to director Carol S. Eicher as a non-employee director restricted stock unit grant.
What does a restricted stock unit grant mean for Tennant Co (TNC) directors?
A restricted stock unit grant gives a Tennant director the right to receive company shares as part of compensation. In this case, Carol S. Eicher received 1,490 RSU-based shares, aligning part of her pay with Tennant’s equity performance.