Form 4: Pinnacle Financial Partners Director Charles E. Brock Reports Transactions
SEC Form 4
Director Charles E. Brock reports acquisition of Pinnacle Financial Partners stock and disposal of depositary shares.
Summary
- On March 1, 2025, Charles E. Brock, a director of Pinnacle Financial Partners Inc., acquired 701 shares of PNFP Common Stock at $0.
- On the same day, Brock disposed of 4,000 depositary shares, each representing a 1/40th interest in Pinnacle's 6.75% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B.
- Following these transactions, Brock beneficially owns 35,144 shares of PNFP Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing; the sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may provide stakeholders with insights into the director's view of the company's value.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock acquisition and disposal of depositary shares. |
| 03/01/2026 | Date restrictions lapse on acquired shares based on board and committee meeting attendance. |
| 03/03/2025 | Date of signature on the report. |
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