Executive at Tennant Co (NYSE: TNC) receives stock awards and disposes shares for taxes

Rhea-AI Filing Summary

Tennant Co senior vice president Patrick W. Schottler reported multiple equity transactions in company common stock. On February 26, 2026, he acquired two stock awards of 1,537 and 4,519 shares at no cost, while 552 shares were disposed at $62.73 per share to cover tax withholding.

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^*

Schottler Patrick W.

(Last) (First) (Middle)

10400 CLEAN STREET

(Street)

EDEN PRAIRIE MN 55347

(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)
	SVP, Chief Mktg & Tech Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

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	02/26/2026		A		1,537	A	$0	7,377	D
Common Stock	02/26/2026		F		552	D	$62.73	6,825	D
Common Stock	02/26/2026		A		4,519	A	$0	11,344	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 Patrick W. Schottler	03/02/2026
	** 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.

FAQ

What insider transactions did Tennant Co (TNC) report for Patrick W. Schottler?

Tennant Co reported that Patrick W. Schottler received two common stock awards of 1,537 and 4,519 shares. In a related move, 552 shares were disposed at $62.73 per share to satisfy tax withholding obligations.

Was the Tennant Co (TNC) insider transaction a purchase or a grant?

The filing shows stock grants/awards, not open-market purchases. Schottler acquired 1,537 and 4,519 shares of common stock as awards with a per-share price of $0.00, indicating company equity compensation rather than a cash-funded stock purchase.

Why were 552 Tennant Co (TNC) shares disposed in the Form 4 filing?

The Form 4 lists a tax-withholding disposition of 552 shares at $62.73 per share. This transaction, coded “F,” represents delivery of shares to cover tax liabilities tied to the equity awards, rather than a discretionary open-market sale.

What role does Patrick W. Schottler hold at Tennant Co (TNC)?

Patrick W. Schottler is reported as SVP, Chief Marketing & Technology Officer at Tennant Co. The Form 4 reflects equity compensation activity linked to his executive role, including grants of common stock and related tax-withholding share dispositions.

How many Tennant Co (TNC) shares does Patrick W. Schottler hold after these transactions?

The Form 4 shows updated direct ownership figures after each transaction, including 7,377, 6,825, and 11,344 shares following specific entries. These numbers reflect Schottler’s reported direct holdings after the respective award and tax-withholding transactions.