Director David B. Ingram Buys $991.6K in Pinnacle Financial Partners (PNFP)

Transaction Overview

On October 28, 2026, David B. Ingram, a member of the Board of Directors of Pinnacle Financial Partners, Inc. ($PNFP), executed an open-market purchase of 10,000 shares of common stock at a volume-weighted average price of $99.16 per share, representing a total capital commitment of approximately $991,600.

Key Details & Pricing

• Execution Range: The shares were purchased in multiple open-market transactions ranging from $99.04 to $99.28.
• Direct Ownership Impact: Following this acquisition, Mr. Ingram's direct holdings expanded from 65,182 shares to 75,182 shares, representing an increase of approximately 15.3% in his direct common stock ownership.
• Indirect Holdings: In addition to his direct position, Mr. Ingram reports beneficial ownership of:
  • 79,728 shares held through the Ingram Trust,
  • 2,000 shares held by his spouse,
  • 6,300 shares held in trusts for the benefit of his children,
  • 120,000 depositary shares directly owned (each representing a 1/40th interest in 6.75% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series C).

Insider Significance

Open-market purchases by directors represent direct personal investments of capital and are widely interpreted as a signal of high confidence in the institution's financial condition, strategic direction, and valuation. An investment approaching $1 million underscores meaningful alignment between board oversight and shareholder value.