4/A: Tennant Co. Officer Corrects Stock Transaction Reporting Errors

Richard H. Zay, Chief Commercial Officer of Tennant Co., files an amended Form 4 to correct errors in previously reported tax withholdings from stock transactions.

Summary

• Richard H. Zay, Chief Commercial Officer of Tennant Co., filed an amended Form 4 on April 11, 2024, to correct errors in previous filings.
• The original Form 4, filed on February 29, 2024, inadvertently understated the shares withheld for taxes by 831 shares.
• A subsequent Form 4, filed on March 5, 2024, also understated the shares withheld for taxes by 298 shares.
• The corrected filing shows that on February 27, 2024, 2,656 shares of common stock were disposed of at a price of $110.16.
• On March 2, 2024, 1,031 shares were disposed of at a price of $110.81.
• Following these transactions, Zay beneficially owns 16,970 shares of Tennant Co. common stock.

Sentiment

Score: 6

Explanation: The document is a routine correction of a filing error, which is neither particularly positive nor negative. It reflects standard compliance procedures.

Negatives

• The reporting person had to amend previous filings due to errors in reporting shares withheld for taxes.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, ensuring transparency in the market.

Stakeholder Impact

• The correction of the filing ensures accurate information for shareholders and potential investors.

Key Dates