Form 4: Pinnacle Financial Director Converts Shares Post-Merger

Pinnacle Financial Partners director Decosta Jenkins converted 3,860 shares of common stock into New Pinnacle shares following the merger effective January 1, 2026.

Summary

• Decosta Jenkins, a director of Pinnacle Financial Partners Inc. (PNFP), reported a change in beneficial ownership.
• On January 1, 2026, 3,860 shares of PNFP Common Stock were disposed of.
• This disposition occurred due to the completion of a merger transaction.
• Each share of Pinnacle Common Stock was converted into one share of common stock of "New Pinnacle" (Pinnacle Financial Partners, Inc. (f/k/a Steel Newco Inc.)), as per the merger agreement dated July 24, 2025.
• Following this transaction, Decosta Jenkins beneficially owns 0 shares of the original PNFP Common Stock.

Sentiment

Score: 5

Explanation: The filing is a standard Form 4 reporting a mandatory stock conversion due to a merger, which is a neutral event in itself for the reporting person.

Future Outlook

This filing reports a completed transaction and does not provide forward-looking statements or guidance.

Industry Context

This report details a director's share conversion following a corporate merger, a common event in the financial services industry when companies combine.

Stakeholder Impact

• Shareholders of the original Pinnacle Financial Partners Inc. had their common stock converted into common stock of the newly formed entity, 'New Pinnacle', as part of the merger agreement.

Key Dates

Keywords

Pinnacle Financial Partners, PNFP, Decosta Jenkins, Form 4, Beneficial Ownership, Merger, Stock Conversion, Director