Form 4: Pinnacle Financial CRO Sells Shares for Tax Obligations
Insider Transaction Report
Pinnacle Financial Partners' Chief Risk Officer, Shellie Creson, disposed of 4 shares of common stock to cover tax withholding obligations.
Summary
- Shellie Creson, Chief Risk Officer of Pinnacle Financial Partners, Inc. (PNFP), reported a transaction on March 30, 2026.
- The transaction involved the disposition of 4 shares of Common Stock.
- These shares were withheld at a price of $83.55 per share to satisfy tax withholding obligations.
- The tax obligations arose from the vesting of restricted stock units and subsequent dividend payments on those units.
- Following this transaction, Shellie Creson beneficially owns 24,036 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It reports a routine, non-discretionary transaction by an insider to cover tax liabilities associated with equity compensation, which has no material impact on the company's operations or market sentiment.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that the disposition of shares to cover tax withholding obligations upon the vesting of restricted stock units is a routine and common practice for executives receiving equity-based compensation. This type of transaction is a standard part of managing executive compensation plans and is not indicative of any change in the company's operational or financial health.
Stakeholder Impact
- Shareholders: Minimal to no direct impact, as this is a routine, small-scale transaction for tax purposes by an executive.
- Employees: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 03/30/2026 | Date of transaction where shares were disposed of for tax withholding. |
| 04/01/2026 | Date the Form 4 was signed by Mary Maurice Young on behalf of the reporting person. |
Keywords
Pinnacle Financial Partners, PNFP, Shellie Creson, Chief Risk Officer, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Equity Compensation
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