Tennant Co director Donal L. Mulligan exercised stock options to acquire 3,538 shares of common stock at $54.70 per share. To cover tax obligations, 2,456 shares of common stock were withheld at $78.81 per share rather than sold on the open market. Following these transactions, he holds 20,685 shares directly and 8,000 shares indirectly through a trust for his spouse. The exercised options were fully vested and no derivative options remain from this award.
The Vanguard Group filed an amended Schedule 13G/A reporting 0% ownership of Tennant Co common stock. The amendment describes an internal realignment effective January 12, 2026 that caused certain Vanguard subsidiaries or business divisions to report beneficial ownership separately. The filing states Amount beneficially owned: 0 and voting and dispositive powers of 0. The filing is signed by Ashley Grim, Head of Global Fund Administration, on 03/27/2026.
Tennant Company is holding its 2026 virtual annual meeting on April 29, 2026, asking shareholders to elect three Class I directors, ratify Deloitte & Touche as auditor, and approve executive pay on an advisory basis. Shareholders of record on March 5, 2026, when 18,007,425 common shares were outstanding, may vote online, by phone, mail, or during the meeting.
The Board remains majority independent with an independent Chair and plans to propose a phased declassification in 2027. A February 2026 cooperation agreement added director Patrick E. Allen. In 2025, net sales were about $1.2 billion, down 6.5%, and Adjusted EBITDA was $167.4 million, leading to a 18.96% payout of annual cash incentives but a 189.53% payout on 2023–2025 performance share units. Deloitte’s 2025 fees totaled $3.43 million.
TENNANT CO President and CEO David W. Huml reported bona fide gifts of 53,510 shares of Common Stock. The Form 4 shows two gift transfers of 26,755 shares each on March 6, 2026, one from his direct holdings and one from shares held indirectly through a family trust. After these gifts, Huml holds 65,629 shares directly and 72,930 shares indirectly through the family trust, indicating he retains a substantial equity position. These are non-market, no‑price transfers, reflecting a personal gifting decision rather than open‑market trading.
Mario Gabelli–affiliated investment entities filed a Schedule 13D on Tennant Company, reporting beneficial ownership of 890,900 common shares, or 5.0% of the 17,846,681 shares outstanding as reported in the issuer’s most recent Form 10-K.
The stake is spread mainly across GAMCO Asset Management Inc. with 675,400 shares and Gabelli Funds LLC with 189,200 shares, with smaller holdings at related entities. The group states the shares are held for investment, does not currently intend to seek control or manage Tennant, but may discuss strategic, governance, or capital structure matters with management and may buy or sell additional shares based on ongoing analysis.
TENNANT CO executive Patrick W. Schottler reported a small share disposition related to taxes. On this Form 4, he delivered 194 shares of common stock at $61.03 per share in a tax-withholding disposition and now directly holds 11,150 shares.
Tennant Company executive Barb Balinski reported a small share disposition related to taxes. On the transaction date, she transferred 451 shares of Tennant common stock at a reported price of $61.03 per share to cover tax obligations, a routine tax-withholding disposition rather than an open-market sale. After this transaction, she directly owned 19,218 Tennant common shares.
Tennant Co senior vice president, chief human resources officer and general counsel Kristin A. Erickson reported a small insider transaction involving company common stock. On February 28, 2026, she disposed of 514 shares at $61.03 per share in a tax-withholding disposition, a mechanism used to cover tax obligations. Following this transaction, she directly owned 25,176 Tennant Co shares.
Tennant Company’s chief commercial officer, Richard H. Zay, reported a tax-related share disposition. On this Form 4, he transferred 840 shares of Tennant common stock at $61.03 per share to cover tax obligations. After this tax-withholding disposition, he directly owned 34,393 Tennant shares.
TENNANT CO Senior VP and CFO Fay West reported a tax-related share transaction. On February 28, 2026, West disposed of 945 shares of common stock at $61.03 per share to cover tax withholding obligations. After this transaction, West directly owned 48,253 shares of Tennant common stock.