Form 4: Pinnacle Financial Partners Director David Ingram Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director David Ingram reports acquisition and disposal of Pinnacle Financial Partners stock and depositary shares.

Summary

  • On March 1, 2025, David Ingram, a director of Pinnacle Financial Partners, reported changes in his beneficial ownership of the company's securities.
  • He acquired 701 shares of PNFP common stock at $0, and disposed of 41,692 shares.
  • Following these transactions, Ingram directly owns 79,728 shares, and indirectly owns 2,000 shares through his spouse and an unspecified amount through the Ingram Trust.
  • He also disposed of 120,000 depositary shares.
  • The shares acquired are subject to restrictions that lapse on March 1, 2026, based on attendance at Pinnacle Board and Committee meetings.
  • Each depositary share represents a 1/40th interest in a share of Pinnacle Financial Partners' 6.75% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • Shareholders are informed about changes in ownership by a company director.

Key Dates

DateDescription
03/01/2025Date of the reported transactions (acquisition and disposal of securities).
03/01/2026Date when restrictions on acquired shares lapse, contingent on meeting attendance.
03/03/2025Date of signature on the Form 4 filing.

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