Tennant (NYSE: TNC) CEO adds stock with large awards and buys

Rhea-AI Filing Summary

Tennant Company’s president and CEO David W. Huml reported multiple stock transactions in Tennant Co. common shares. On February 26, 2026, he received stock awards of 35,472 shares and 28,694 shares at no cost. On the same date, 13,807 shares were disposed of to cover tax obligations at a price of $62.73 per share. He also bought a total of 4,000 shares in open-market trades at prices in the mid-$60 range, bringing his directly held stake to 67,958 shares after these purchases. Earlier, on April 14, 2025, bona fide gifts of 17,571 shares were made from his direct holdings and 17,571 shares were transferred by a family trust.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Huml David W.

(Last) (First) (Middle)

10400 CLEAN STREET

(Street)

EDEN PRAIRIE MN 55344

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TENNANT CO [ TNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND CEO

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/14/2025		G		17,571	D	$0	42,293	D
Common Stock	04/14/2025		G		17,571	A	$0	46,175	I	By Family Trust
Common Stock	02/26/2026		A		35,472	A	$0	77,765	D
Common Stock	02/26/2026		F		13,807	D	$62.73	63,958	D
Common Stock	02/26/2026		P		2,600	A	$64.0243(1)	66,558	D
Common Stock	02/26/2026		P		1,225	A	$65.0101(2)	67,783	D
Common Stock	02/26/2026		P		175	A	$65.4843(3)	67,958	D
Common Stock	02/26/2026		A		28,694	A	$0	96,652	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the weighted average price of 2,600 shares of common stock of Tennant Company purchased by the reporting person in multiple transactions on February 26, 2026 with purchase prices ranging from $63.45 to $64.33 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

2. ) Reflects the weighted average price of 1,225 shares of common stock of Tennant Company purchased by the reporting person in multiple transactions on February 26, 2026 with purchase prices ranging from $64.45 to $65.43 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

3. ) Reflects the weighted average price of 175 shares of common stock of Tennant Company purchased by the reporting person in multiple transactions on February 26, 2026 with purchase prices ranging from $65.48 to $65.49 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

	/s/ Kristin A. Erickson on behalf of David W. Huml	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Tennant Co (TNC) CEO David Huml report in this Form 4?

David Huml reported stock awards, tax-related share dispositions, open-market purchases, and prior gifts of Tennant common stock. The filing details grants at no cost, shares withheld for taxes, 4,000 shares bought, and transfers involving his direct holdings and a family trust.

How many Tennant Co (TNC) shares did the CEO buy on the open market?

David Huml purchased 4,000 Tennant common shares in open-market transactions. These trades occurred on February 26, 2026, in three blocks of 2,600, 1,225, and 175 shares at weighted-average prices in the mid-sixty-dollar range per share, according to the footnotes.

What stock awards did Tennant Co (TNC) grant to its CEO?

On February 26, 2026, Tennant granted David Huml two common stock awards totaling 64,166 shares. The awards were recorded as acquisitions at no cost per share, increasing his reported holdings before subsequent tax-related dispositions and open-market purchases on the same date.

Why were some Tennant Co (TNC) shares disposed of in this Form 4?

13,807 shares were disposed of to satisfy tax obligations related to equity compensation. The shares were delivered at a price of $62.73 per share, classified as payment of exercise price or tax liability by delivering securities, rather than an open-market sale for investment purposes.

How did these transactions change the Tennant Co (TNC) CEO’s direct holdings?

After the open-market purchases on February 26, 2026, David Huml’s directly held Tennant common stock increased to 67,958 shares. This figure reflects the combination of awards received, tax-related dispositions, and purchases reported for that date in the filing’s transaction details.

What Tennant Co (TNC) share gifts involving the CEO and a family trust were reported?

On April 14, 2025, the filing shows bona fide gifts of 17,571 Tennant shares from David Huml’s direct holdings and 17,571 shares by a family trust. Both transactions are coded as gifts, indicating transfers without consideration rather than market sales or purchases.