Bishop Daniel Zachary 4

What Happened

• Bishop Daniel Zachary, Chief Operating Officer of Pinnacle Financial Partners (PNFP), had 1,380 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs). The shares were valued at $95.12 each for a total of approximately $131,266. This is a tax-withholding disposal (not an open-market sale).

Key Details

• Transaction date: 2026-02-13
• Price per share: $95.12
• Shares withheld/disposed: 1,380 — total value ≈ $131,266
• Footnotes: F1 — shares were withheld upon RSU vesting to pay tax withholding; F2 — the reported amount includes 219 shares acquired through dividend accruals.
• Shares owned after the transaction: not specified in the provided filing.
• Filing timeliness: Reported on Form 4 filed 2026-02-18; this appears to be filed within the SEC’s two-business-day window.

Context

• This was a routine tax-withholding transaction tied to RSU vesting (a common administrative disposal). It differs from an open-market sale or a purchase and does not necessarily indicate a change in the insider’s view of the company.