The Form 144 signals intent to sell by a director, adding to a recent cluster of insider selling. While the dollar amount is modest relative to market cap, the pattern of distribution warrants monitoring. Traders should watch for actual Form 4 filings confirming the sale and any subsequent insider buying as a potential reversal signal.
Price Chart
Executive Summary
Director M. Terry Turner filed a Form 144 notice of intent to sell 54,107 shares of Pinnacle Financial Partners (PNFP) with an approximate market value of $5.85M. The filing follows recent insider sales totaling $19.2M over the past 30 days, creating a pattern of insider distribution. The proposed sale represents a notable but not dominant portion of Turner's holdings, and the timing is not immediately ahead of a known catalyst.
Key Facts
- Director M. Terry Turner filed Form 144 to sell 54,107 shares of PNFP common stock.
- Approximate market value of the proposed sale is $5,850,475.
- The filing date is August 17, 2026.
- Recent insider activity (30d) shows 4 sells totaling $19.2M, with only 1 buy of $1.0M.
- Turner's sales in early August 2026 (2,737, 53,601, and 66,783 shares) suggest a pattern of distribution.
- The company has a market cap of $16.3B, making the proposed sale ~0.036% of market cap.
Financial Impact
Proposed sale of $5.85M by a director, part of a broader $19.2M insider selling pattern over 30 days.
Risk Factors
- Insider selling may indicate lack of confidence in near-term prospects.
- The sale is not yet executed; the filing only signals intent.
- Broader insider selling pattern could pressure the stock if it continues.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001974078-26-000309 |
| Document: 0001974078-26-000309-index.html | 0001974078-26-000309 |
| Document: 0001974078-26-000309.txt | 0001974078-26-000309 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | 8-K | $99.14 $96.77 | ▼ −2.39% | ▼ −1.89% | $95.53 (−3.64%) |
Aug 18, 2026 6w ago | 144 | $104.53 $100.77 | ▲ +3.60% | ▲ +3.40% | $95.53 (+8.61%) |
Aug 14, 2026 6w ago | 144 | $107.35 $101.34 | ▼ −5.60% | ▼ −4.41% | $95.53 (−11.01%) |
Aug 14, 2026 7w ago | 144 | $108.01 $102.26 | ▼ −5.32% | ▼ −3.96% | $95.53 (−11.55%) |
Aug 6, 2026 8w ago | 144 | $104.68 $108.01 | ▲ +3.18% | ▲ +2.78% | $95.53 (−8.74%) |
Jun 8, 2026 16w ago | 8-K | $25.02 $25.15 | ▲ +0.53% | ▼ −1.27% | $95.53 (+281.85%) |
May 19, 2026 19w ago | 8-K | $25.64 $25.69 | ▲ +0.20% | ▼ −1.61% | $95.53 (+272.58%) |
May 14, 2026 20w ago | 8-K | $25.61 $25.66 | ▲ +0.21% | ▼ −0.75% | $95.53 (+273.09%) |
May 12, 2026 20w ago | 8-K | $25.73 $25.68 | ▼ −0.19% | ▼ −0.27% | $95.53 (+271.28%) |
Apr 22, 2026 23w ago | 8-K | $25.76 $25.64 | ▼ −0.47% | ▼ −1.94% | $95.53 (+270.85%) |
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