Tennant Co (TNC) CEO David Huml reports bona fide gifts of 53,510 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TENNANT CO President and CEO David W. Huml reported bona fide gifts of 53,510 shares of Common Stock. The Form 4 shows two gift transfers of 26,755 shares each on March 6, 2026, one from his direct holdings and one from shares held indirectly through a family trust. After these gifts, Huml holds 65,629 shares directly and 72,930 shares indirectly through the family trust, indicating he retains a substantial equity position. These are non-market, no‑price transfers, reflecting a personal gifting decision rather than open‑market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
53,510 shares gifted
Mixed
2 txns
Insider
Huml David W.
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 26,755 | $0.00 | -- |
| Gift | Common Stock | 26,755 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 65,629 shares (Direct);
Common Stock — 72,930 shares (Indirect, By Family Trust)
Footnotes (1)
FAQ
What insider transaction did Tennant Co (TNC) report for David W. Huml?
Tennant Co reported that President and CEO David W. Huml made bona fide gifts of 53,510 shares of Common Stock. The Form 4 lists two gift transfers of 26,755 shares each, with no sale price involved, reflecting non-market, personal gifting activity.
Does the Tennant Co (TNC) Form 4 show open-market buying or selling by David W. Huml?
The Form 4 does not show open-market buying or selling by David W. Huml. Instead, it reports two bona fide gift transactions coded “G,” meaning the 53,510 shares were transferred as gifts with no price, rather than traded in the market.
What is the significance of the “G” transaction code in the Tennant Co (TNC) Form 4?
The “G” transaction code in the Tennant Co Form 4 designates a bona fide gift. This means the 53,510 shares were transferred without consideration as gifts, not bought or sold in the open market, and typically reflect personal wealth or estate planning decisions.