Tennant Co (NYSE: TNC) CCO gets stock awards, shares withheld for taxes

Rhea-AI Filing Summary

Tennant Co chief commercial officer Richard H. Zay reported multiple equity transactions in the company’s common stock. He received stock awards of 10,399 shares and 7,105 shares at no cost, and 3,269 shares were disposed of to cover tax obligations at $62.73 per share. After these transactions, he directly owns 35,233 common shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Zay Richard H.

Role CHIEF COMMERCIAL OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,399	$0.00	--
Tax Withholding	Common Stock	3,269	$62.73	$205K
Grant/Award	Common Stock	7,105	$0.00	--

Holdings After Transaction: Common Stock — 31,397 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/02/2026 - 05:35 PM Learn about SEC filing dates

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 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)
02/26/2026

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		10,399	A	$0	31,397	D
Common Stock	02/26/2026		F		3,269	D	$62.73	28,128	D
Common Stock	02/26/2026		A		7,105	A	$0	35,233	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	03/02/2026
	** 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 Richard H. Zay?

Tennant Co reported that Richard H. Zay received two stock awards and had shares withheld for taxes. He acquired 10,399 and 7,105 common shares at no cost, while 3,269 shares were disposed of to satisfy tax obligations.

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

After the reported transactions, Richard H. Zay directly owns 35,233 Tennant Co common shares. This figure reflects the combined effect of the two stock awards and the tax-withholding share disposition reported on the same date.

Were Richard H. Zay’s Tennant Co (TNC) stock awards open-market purchases?

No, the reported acquisitions were stock awards recorded with a zero price per share. These grants increased his direct holdings without any cash purchase, differing from open-market buying activity typically seen at a stated share price.

Why were some Tennant Co (TNC) shares disposed of in Richard H. Zay’s Form 4?

The Form 4 shows 3,269 common shares disposed of at $62.73 per share to cover tax obligations. Such tax-withholding dispositions are routine when equity awards vest and do not represent discretionary open-market share sales.

What transaction codes appear in Richard H. Zay’s Tennant Co (TNC) Form 4?

The filing uses code A for grant or award acquisitions and code F for tax-withholding dispositions. Code A reflects stock awards at no cost, while code F indicates shares delivered to pay exercise price or related tax liabilities.