Tennant Co (TNC) CEO reports tax-withholding disposal of 4,268 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TENNANT CO President and CEO David W. Huml reported a tax-related share disposal. On February 28, 2026, he disposed of 4,268 shares of common stock at $61.03 per share through a tax-withholding disposition, meaning shares were withheld to cover tax obligations rather than sold in the open market.
After this transaction, Huml directly held 92,384 common shares. The filing also reports an additional 46,175 common shares held indirectly through a family trust, reflecting his total reported direct and indirect ownership following the event.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Huml David W.
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,268 | $61.03 | $260K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 92,384 shares (Direct);
Common Stock — 46,175 shares (Indirect, By Family Trust)
Footnotes (1)
FAQ
What insider transaction did Tennant Co (TNC) CEO David Huml report?
Tennant Co CEO David Huml reported a tax-withholding disposition of 4,268 common shares. The shares were withheld at $61.03 each to satisfy tax obligations, rather than sold on the open market, and were reported on a Form 4 filing.
What indirect Tennant Co (TNC) holdings does David Huml report via a family trust?
The Form 4 shows 46,175 Tennant Co common shares held indirectly by David Huml through a family trust. This trust position is reported separately from his direct holdings, indicating an additional layer of beneficial ownership associated with his household or estate planning.
Was the Tennant Co (TNC) CEO’s Form 4 transaction an open-market sale?
No, the transaction was a tax-withholding disposition coded as “F,” not an open-market sale. Shares were withheld at $61.03 to pay tax liabilities tied to equity compensation, a common administrative mechanism rather than a discretionary sell order.