Pinnacle Financial Partners CLO Sells Over $520K in Common Stock

Transaction Summary

Allan E. Kamensky, Chief Legal Officer of Pinnacle Financial Partners, Inc. ($PNFP), executed an open-market sale of 5,000 shares of common stock on November 2, 2026. The shares were sold at a price of $104.62 per share, resulting in total proceeds of $523,100. The transaction was reported as directly owned and was not indicated as executed under an affirmative Rule 10b5-1 trading arrangement.

Position & Holdings Impact

Prior to the transaction, Mr. Kamensky held 48,940 directly owned shares. Following the sale of 5,000 shares (representing approximately 10.2% of his direct holdings), he maintains direct ownership of 43,940 shares. Additionally, he retains indirect beneficial ownership of 2,666 shares held by his spouse, bringing his total direct and indirect post-transaction position to 46,606 shares.

Significance Assessment

The sale represents a modest disposition of around 10% of the officer's position for estate planning or liquidity purposes. While not conducted under a pre-scheduled Rule 10b5-1 trading plan, the size and remaining equity stake demonstrate continued alignment with shareholders, warranting a Medium significance rating.