Form 4: Tennant Co Executive Richard H. Zay Reports Stock Transactions
SEC Form 4 Filing
Richard H. Zay, Chief Commercial Officer of Tennant Co, reports acquisition and disposal of company stock and stock options.
Summary
- Richard H. Zay, Chief Commercial Officer of Tennant Co, filed a Form 4 detailing changes in beneficial ownership.
- On February 21, 2025, Zay acquired 4,758 and 5,905 shares of common stock.
- On the same day, Zay disposed of 1,863 shares at $89.16.
- On February 24, 2025, Zay exercised options to acquire 7,053 shares at $52.42.
- Also on February 24, 2025, Zay sold 7,053 shares at a weighted average price of $87.5754.
- Following these transactions, Zay directly owns 25,770 shares of Tennant Co common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, potentially influencing stock price due to executive trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Acquisition of 4,758 shares of common stock |
| 02/21/2025 | Acquisition of 5,905 shares of common stock |
| 02/21/2025 | Disposal of 1,863 shares of common stock at $89.16 |
| 02/24/2025 | Exercise of stock options for 7,053 shares at $52.42 |
| 02/24/2025 | Sale of 7,053 shares of common stock at an average price of $87.5754 |
| 02/25/2025 | Date of Form 4 signature |
| 02/26/2026 | Expiration date of stock options |
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