Director at Tennant (NYSE: TNC) receives 1,490 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Morse Timothy R. reported acquisition or exercise transactions in this Form 4 filing.
Tennant Co director Timothy R. Morse received a grant of 1,490 shares of Common Stock on May 7, 2026. The filing labels this as a non-employee director restricted stock unit grant, meaning it is compensation rather than an open-market purchase. After this award, Morse directly holds 9,114 shares of Tennant common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morse Timothy R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,490 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,114 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award: 1,490 shares
Post-transaction holdings: 9,114 shares
Grant price: $0.00 per share
3 metrics
Equity award
1,490 shares
Non-Employee Director restricted stock unit grant on May 7, 2026
Post-transaction holdings
9,114 shares
Total Common Stock directly held after grant
Grant price
$0.00 per share
Reported transaction price for the 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"
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 did Tennant (TNC) director Timothy R. Morse report in this Form 4?
Timothy R. Morse reported receiving 1,490 shares of Tennant Common Stock as a non-employee director restricted stock unit grant. This compensation award increased his direct holdings to 9,114 shares following the transaction on May 7, 2026.
What is the transaction code used in Timothy R. Morse’s Tennant (TNC) Form 4?
The transaction is coded “A,” described as a grant, award, or other acquisition. This aligns with the footnote describing the event as a non-employee director restricted stock unit grant, indicating equity compensation rather than a discretionary market trade.
Does the Tennant (TNC) Form 4 show any stock sales by Timothy R. Morse?
No, the Form 4 only shows an acquisition of 1,490 shares through a non-employee director restricted stock unit grant. The transaction summary indicates one acquisition and no reported sales, gifts, or derivative exercises in this filing.