Tennant SVP granted 2,707 shares in equity award
SVP and COO Richard H. Zay received an equity award that increased his direct Tennant shareholdings to 30,225 shares.
Rhea-AI Filing Summary
TENNANT CO (symbol: TNC) is the issuer of record for a Form 4 filing submitted to the SEC. Zay Richard H. reported acquisition or exercise transactions in this Form 4 filing.
TENNANT CO (TNC) reported that Richard H. Zay, its SVP and COO, received a grant of 2,707 shares of Common Stock on August 10, 2026, as a compensation-related award at no stated per-share cost. Following this grant, he directly holds 30,225 shares of Tennant common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,707 shares
Grant/Award
1 txn
Insider
Zay Richard H.
Role
SVP, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,707 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 30,225 shares (Direct)
Key Figures
Shares granted: 2,707 shares
Grant price per share: $0.00 per share
Shares held after transaction: 30,225 shares
3 metrics
Shares granted
2,707 shares
Grant of Tennant common stock to SVP, COO Richard H. Zay on August 10, 2026
Grant price per share
$0.00 per share
Reported for the August 10, 2026 common stock grant
Shares held after transaction
30,225 shares
Direct holdings of Richard H. Zay after the August 10, 2026 grant
Key Terms
Common Stock, Grant, award, or other acquisition, Rule 10b5-1
3 terms
Common Stock financial
"security titled Common Stock granted to the reporting person"
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.
Grant, award, or other acquisition financial
"transaction categorized as a Grant, award, or other acquisition"
Rule 10b5-1 regulatory
"Rule 10b5-1 checkbox is not affirmed for this report"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TNC report for Richard H. Zay?
TENNANT CO reported that SVP and COO Richard H. Zay received a grant of 2,707 shares of Common Stock on August 10, 2026, classified as a grant, award, or other acquisition rather than an open-market purchase.
Was the TNC insider grant to Richard H. Zay made at a cash purchase price?
No. The reported per-share figure for the August 10, 2026 grant is $0.00 per share, indicating this was a compensation-related equity award rather than a cash purchase of Tennant shares.
Did the reported TNC insider transaction involve a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is not affirmed for this report, and no footnote indicates that the August 10, 2026 grant to Richard H. Zay was made under a Rule 10b5-1 trading plan.
What type of security was granted to Richard H. Zay by TNC?
The transaction reports a grant of Common Stock of Tennant Co. It is categorized as a “grant, award, or other acquisition” rather than a derivative security or option exercise.
AI-generated analysis. How Rhea-AI works. Not financial advice.