Tennant Co (TNC) director Mulligan purchases 8,000 shares at $67.34
Rhea-AI Filing Summary
TENNANT CO director Donal L. Mulligan reported purchasing 8,000 shares of Tennant common stock on August 12, 2026 in an open market or private transaction at $67.34 per share. The purchased shares are held indirectly in a trust for his spouse, bringing that trust’s holdings to 16,000 shares. Separately, Mulligan also reports 22,175 shares of Tennant common stock held directly in his own name.
Positive
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 8,000 shares
Net Buy
2 txns
Insider
Mulligan Donal L
Role
Director
Bought
8,000 shs ($539K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 8,000 | $67.34 | $539K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,000 shares (Indirect, By trust for spouse);
Common Stock — 22,175 shares (Direct)
Key Figures
Shares purchased: 8,000 shares
Purchase price: $67.34 per share
Indirect holdings after transaction: 16,000 shares
+2 more
5 metrics
Shares purchased
8,000 shares
Common stock purchase on August 12, 2026
Purchase price
$67.34 per share
Open market or private transaction on August 12, 2026
Indirect holdings after transaction
16,000 shares
Common stock held by trust for spouse after purchase
Direct holdings reported
22,175 shares
Common stock held directly by Donal L. Mulligan
Net insider share change
8,000 shares
Net buy based on reported transactions in this Form 4
Key Terms
indirect ownership, open market or private transaction, Rule 10b5-1, Form 4
4 terms
indirect ownership financial
"The purchased shares are held as <b>indirect ownership</b> by a trust for spouse."
open market or private transaction financial
"The 8,000-share purchase is coded as an <b>open market or private transaction</b>."
Rule 10b5-1 regulatory
"The Rule <b>10b5-1</b> trading plan checkbox is not marked as affirmative."
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.
Form 4 regulatory
"The insider transaction is disclosed in a <b>Form 4</b> filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Tennant Co (TNC) director Donal L. Mulligan report?
Donal L. Mulligan reported buying 8,000 shares of Tennant common stock on August 12, 2026 in an open market or private transaction, as reflected in his latest Form 4 filing.
What is Mulligan’s total reported Tennant Co (TNC) ownership combining direct and indirect shares?
The filing reports 22,175 shares held directly and 16,000 shares held indirectly by a trust for his spouse, providing separate disclosure of his direct and indirect Tennant common stock positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
