Tennant (TNC) director awarded 1,490 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tennant Co director Andrew P. Hider reported an equity award of 1,490 shares of Common Stock on May 7, 2026. The transaction is coded as a grant or award acquisition at a stated price of $0.00 per share, reflecting non-cash compensation. Following this grant, Hider directly holds 6,987 shares of Tennant common stock. A footnote describes the award as a Non-Employee Director restricted stock unit grant, indicating it is part of director compensation in stock-based form rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hider Andrew P.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,490 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,987 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,490 shares
Grant price: $0.00 per share
Holdings after grant: 6,987 shares
+1 more
4 metrics
Shares granted
1,490 shares
Non-Employee Director restricted stock unit grant on May 7, 2026
Grant price
$0.00 per share
Equity award classified as non-cash compensation
Holdings after grant
6,987 shares
Total direct Common Stock ownership following the transaction
Transaction type
Grant, award, or other acquisition
Form 4 transaction code A for Common Stock
Key Terms
restricted stock unit, Grant, award, or other acquisition, Common Stock, Non-Employee Director
4 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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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.
Non-Employee Director financial
"Non-Employee Director restricted stock unit grant"
FAQ
What insider transaction did Tennant Co (TNC) report for Andrew P. Hider?
Tennant Co reported that director Andrew P. Hider received an equity grant of 1,490 shares of Common Stock. The filing classifies it as a grant or award acquisition, not an open-market trade, and ties it to a Non-Employee Director restricted stock unit grant.
Was the Tennant Co (TNC) director stock grant a market purchase or compensation award?
The 1,490-share transaction for Tennant Co director Andrew P. Hider is a compensation award, not a market purchase. It is coded as a grant or award acquisition with a price of $0.00 per share and described as a Non-Employee Director restricted stock unit grant.
What does the footnote on Tennant Co (TNC) Form 4 say about the award?
The Form 4 footnote describes the transaction as a Non-Employee Director restricted stock unit grant. This clarifies that the 1,490-share grant to Andrew P. Hider represents stock-based compensation for board service, rather than a discretionary buy or sell in the open market.
Does the Tennant Co (TNC) Form 4 show any stock sales by Andrew P. Hider?
The Form 4 does not show any stock sales by Andrew P. Hider. It reports only a single acquisition transaction coded as a grant or award of 1,490 shares of Common Stock, increasing his direct holdings to 6,987 shares with no dispositions listed.