Form 4: Pinnacle Financial Partners Director Gregory L. Burns Sells 1,500 Shares
SEC Form 4 Filing
Gregory L. Burns, a director at Pinnacle Financial Partners, sold 1,500 shares of PNFP common stock at $83 per share on May 9, 2024.
Summary
- On May 9, 2024, Gregory L. Burns, a director of Pinnacle Financial Partners Inc. (PNFP), sold 1,500 shares of PNFP common stock.
- The sale was executed at a price of $83 per share.
- Following the transaction, Burns directly owns 20,091 shares of PNFP common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This sale represents a small percentage of the director's holdings.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Gregory L. Burns sold 1,500 shares of PNFP common stock. |
| 05/10/2024 | Date of signature on the Form 4 filing. |
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