Form 4: Pinnacle Financial Partners Inc. Files Form 4: Insider Transaction
Insider Transaction Filing
Charles E. Brock, an insider at Pinnacle Financial Partners Inc., reports a transaction involving common stock and depositary shares.
Summary
- Pinnacle Financial Partners Inc. filed a Form 4 on December 12, 2024.
- The filing reports a transaction by Charles E. Brock.
- The transaction involved 600 shares of PNFP Common Stock.
- The transaction also involved 4,000 depositary shares.
- Each depositary share represents a 1/40th interest in a share of the Issuer's 6.75% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B.
- The depositary shares were purchased in an underwritten public offering.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and does not contain any information that would indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into insider transactions.
Comparison to Industry Standards
- Form 4 filings are standard practice for all publicly traded companies in the United States.
- The transaction is typical for insiders who may be acquiring shares through various means, including public offerings.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 2024-12-12 | Date of the Form 4 filing and the transaction. |
Keywords
Pinnacle Financial Partners, PNFP, Form 4, Insider Transaction, Common Stock, Depositary Shares, Preferred Stock, Underwritten Public Offering
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