Trust tied to Tennant Co (NYSE: TNC) director buys 8,000 shares

Rhea-AI Filing Summary

Tennant Co director–related trust buys additional shares. A trust for the spouse of director Donal L. Mulligan purchased 5,000 shares of Tennant common stock on February 26, 2026 at $63.86 per share and 3,000 shares on February 27, 2026 at $61.61 per share in open-market transactions.

After these indirect purchases, the trust held 8,000 shares, while Mulligan’s directly held common stock position was reported as 19,603 shares as of February 26, 2026.

Insider Trade Summary

Net Buyer: 8,000 shares ($504,130)

Net Buy 3 txns

Insider Mulligan Donal L

Role Director

Bought 8,000 shs ($504K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	3,000	$61.61	$185K
Purchase	Common Stock	5,000	$63.86	$319K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 8,000 shares (Indirect, By trust for spouse); Common Stock — 19,603 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Mulligan Donal L

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		P		5,000	A	$63.86	5,000	I	By trust for spouse
Common Stock	02/27/2026		P		3,000	A	$61.61	8,000	I	By trust for spouse
Common Stock								19,603	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 Donal L. Mulligan	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 Donal L. Mulligan?

Tennant Co reported that a trust for the spouse of director Donal L. Mulligan bought 5,000 common shares on February 26, 2026 and 3,000 shares on February 27, 2026 in open-market transactions at disclosed prices.

How many Tennant Co (TNC) shares did the spouse’s trust purchase and at what prices?

The spouse’s trust purchased 5,000 Tennant common shares at $63.86 per share on February 26, 2026 and 3,000 shares at $61.61 per share on February 27, 2026, all reported as open-market purchases on the Form 4.

What are Donal L. Mulligan’s indirect Tennant Co (TNC) holdings after these transactions?

Following the reported transactions, the trust for Donal L. Mulligan’s spouse held 8,000 shares of Tennant common stock indirectly. These shares are reported as indirect ownership, separate from Mulligan’s directly held common stock position disclosed in the same filing.

What direct Tennant Co (TNC) share holdings does Donal L. Mulligan report?

In addition to the indirect holdings via a trust for his spouse, Donal L. Mulligan reported direct ownership of 19,603 Tennant common shares as of February 26, 2026. This direct position is separate from the 8,000 indirectly held shares reported for the spouse’s trust.

How is the nature of ownership described for the new Tennant Co (TNC) shares?

The newly purchased 5,000 and 3,000 Tennant common shares are reported as held indirectly, with the nature of ownership described as “By trust for spouse.” This indicates the shares are held through a trust associated with the director’s spouse.