Form 4: Tennant Co. Executive Kristin A. Erickson Reports Stock Disposal
SEC Form 4 Filing
Kristin A. Erickson, SVP and General Counsel of Tennant Co., reported disposing of 425 shares of common stock on March 2, 2024, to cover tax obligations.
Summary
- Kristin A. Erickson, a Senior Vice President and General Counsel at Tennant Co., filed a Form 4 with the SEC.
- The form reports a transaction on March 2, 2024, where 425 shares of Tennant Co. common stock were disposed of.
- The shares were disposed of at a price of $110.81 per share.
- Following the transaction, Erickson directly owns 10,698 shares of Tennant Co. common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock disposal for tax purposes, and does not indicate any significant 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 filing indicates a standard transaction related to tax obligations.
Stakeholder Impact
- The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Date of stock disposal transaction |
| 03/05/2024 | Date of Form 4 filing |
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