Form 4: Pinnacle Financial Partners Director Acquires Shares with Vesting Based on Board Meeting Attendance
SEC Form 4 Filing
Gregory L. Burns, a director at Pinnacle Financial Partners, acquired 701 shares of PNFP common stock that vest based on attendance at board and committee meetings.
Summary
- On March 1, 2025, Gregory L. Burns, a director of Pinnacle Financial Partners Inc. (PNFP), acquired 701 shares of PNFP common stock.
- The acquisition was made directly.
- These shares are subject to restrictions and will lapse on March 1, 2026, based on attendance at Pinnacle Board and Committee meetings.
- Following the transaction, Burns directly owns 20,732 shares of PNFP common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing indicating a routine transaction. It doesn't inherently suggest positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: Gregory L. Burns acquired 701 shares of PNFP common stock. |
| 03/01/2026 | Shares with restrictions lapse based on attendance at Pinnacle Board and Committee meetings. |
| 03/03/2025 | Date of signature for the Form 4 filing. |
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