Board member at Tennant (NYSE: TNC) awarded 1,490 restricted units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GREEN MARIA C reported acquisition or exercise transactions in this Form 4 filing.
Tennant Company director Maria C. Green received an equity grant of 1,490 shares of Common Stock on May 7, 2026. The filing describes this as a Non-Employee Director restricted stock unit grant, meaning it is compensation rather than an open-market purchase.
After this award, Green directly holds 12,709 shares of Tennant Common Stock. The grant carries a reported price of $0.0000 per share in the filing, reflecting its nature as a board compensation grant, not a cash transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GREEN MARIA C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,490 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,709 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Director stock grant: 1,490 shares
Shares held after grant: 12,709 shares
Reported grant price: $0.0000 per share
3 metrics
Director stock grant
1,490 shares
Non-Employee Director restricted stock unit grant on May 7, 2026
Shares held after grant
12,709 shares
Total direct Common Stock holdings following the transaction
Reported grant price
$0.0000 per share
Form 4 transaction price for the 1,490-share award
Key Terms
restricted stock unit, Non-Employee Director, Common Stock
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.
Non-Employee Director financial
"Non-Employee Director restricted stock unit grant"
Common Stock financial
"security_title: Common Stock for the reported transaction"
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.
FAQ
What insider transaction did Tennant (TNC) report for Maria C. Green?
Tennant reported that director Maria C. Green received an equity grant of 1,490 shares of Common Stock. The award was classified as a grant or other acquisition (code A), functioning as board compensation rather than an open-market stock purchase.
Was Maria C. Green’s Tennant (TNC) transaction a stock purchase or compensation grant?
The transaction was a compensation grant, not a market purchase. It is coded as an acquisition (A) and specifically identified in a footnote as a Non-Employee Director restricted stock unit grant, representing equity-based board compensation rather than a cash-funded share purchase.
What does the footnote in Maria C. Green’s Tennant (TNC) Form 4 explain?
The footnote explains that the 1,490-share award is a Non-Employee Director restricted stock unit grant. This clarifies that the reported shares come from Tennant’s director compensation program, distinguishing the award from open-market trading or other discretionary share acquisitions.