Tennant Co (NYSE: TNC) director receives 1,490-share stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Arvani Azita reported acquisition or exercise transactions in this Form 4 filing.

Tennant Co director Azita Arvani received an equity award of 1,490 shares of common stock on May 7, 2026, recorded at a price of $0.00 per share. A footnote describes this as a non-employee director restricted stock unit grant. Following this award, Arvani directly owns 18,925 shares of Tennant common stock. This is a routine compensation-related grant rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Arvani Azita

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,490	$0.00	--

Holdings After Transaction: Common Stock — 18,925 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 1,490 shares Grant price: $0.00 per share Total holdings after grant: 18,925 shares

3 metrics

Shares granted 1,490 shares Non-employee director equity award on May 7, 2026

Grant price $0.00 per share Reported transaction price for the awarded shares

Total holdings after grant 18,925 shares Direct ownership following the Form 4 transaction

Key Terms

restricted stock unit, non-derivative, grant/award acquisition

3 terms

restricted stock unit financial

"Non-Employee Director restricted stock unit grant."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

non-derivative financial

"transaction_type": "non-derivative""

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 04:41 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Arvani Azita

(Last)

(First)

(Middle)

10400 CLEAN STREET

(Street)

EDEN PRAIRIRE

MINNESOTA

55344

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TENNANT CO [ TNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/07/2026		A		1,490⁽¹⁾	A	$0	18,925	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Non-Employee Director restricted stock unit grant.

	/s/ Kristin A. Erickson on behalf of Azita Arvani	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Tennant Co (TNC) director Azita Arvani report on this Form 4?

Director Azita Arvani reported receiving 1,490 shares of Tennant common stock as an equity award. The filing classifies the transaction as a grant or award acquisition, reflecting routine non-employee director compensation rather than an open-market trade.

How many Tennant Co (TNC) shares did Azita Arvani receive in this grant?

Azita Arvani received 1,490 shares of Tennant common stock. The transaction is coded as an acquisition via grant or award, with a reported price of $0.00 per share, consistent with a restricted stock unit-based director compensation grant.

What are Azita Arvani’s Tennant Co (TNC) holdings after this Form 4 transaction?

After the reported grant, Azita Arvani directly owns 18,925 shares of Tennant common stock. This total reflects the addition of 1,490 awarded shares and provides context for her overall equity stake as a non-employee director of the company.

Was the Tennant Co (TNC) Form 4 transaction an open-market buy or sell?

The transaction was not an open-market buy or sell. It is coded as an “A” transaction, described as a grant, award, or other acquisition, with a price of $0.00 per share and a footnote indicating a non-employee director restricted stock unit grant.

What does the “restricted stock unit grant” footnote mean for Tennant Co (TNC)?

The footnote states this was a non-employee director restricted stock unit grant. That means the shares were awarded as part of director compensation, rather than purchased in the market, and typically vest according to the company’s equity award terms.