Director Allen's open-market purchase is a modest but genuine bullish signal. Monitor for additional insider buying or any upcoming corporate events (earnings, guidance, M&A) that may have prompted the purchase. The small size relative to market cap limits the signal's magnitude, but the director's conviction is notable.
Price Chart
Executive Summary
Director Patrick E. Allen made a single open-market purchase of 3,000 TNC shares for $208K at $69.42 on August 31, 2026. This is a conviction buy by a director, representing a modest but notable insider signal given the company's market cap of approximately $1.3B (0.016% of market cap).
Key Financial Metrics
Key Facts
- Director Patrick E. Allen purchased 3,000 shares on August 31, 2026 at $69.42 per share
- Total purchase value: $208,000
- Purchase represents approximately 0.016% of TNC's market cap (~$1.3B)
- Single insider open-market buy (code P) — no 10b5-1 plan indicated
Financial Impact
$208K open-market purchase by a director
Risk Factors
- Purchase size is small relative to market cap (~0.016%), limiting signal strength
- Director-level buys carry less weight than C-suite buys in academic literature
- No immediate catalyst identified — purchase may be part of a long-term accumulation strategy
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001191569-26-000012 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 23, 2026 4w ago | Insider Buy | $66.21 $66.12 | ▼ −0.14% | ▲ +0.28% | $66.31 (+0.15%) |
Aug 13, 2026 10w ago | Insider Cluster | $68.59 $68.68 | ▲ +0.13% | ▲ +2.12% | $66.31 (−3.32%) |
Jun 17, 2026 18w ago | 8-K | $85.87 $88.33 | ▲ +2.86% | ▲ +1.55% | $66.31 (−22.78%) |
May 4, 2026 24w ago | 8-K | $82.63 $85.83 | ▲ +3.87% | ▼ −1.08% | $66.31 (−19.75%) |
Mar 18, 2026 31w ago | DEFA14A | $64.83 $78.70 | ▲ +21.39% | ▲ +13.77% | $66.31 (+2.28%) |
Feb 27, 2026 34w ago | Insider Cluster | $61.03 $66.50 | ▲ +8.96% | ▲ +16.52% | $66.31 (+8.65%) |
Feb 27, 2026 34w ago | Insider Cluster | $61.03 $66.50 | ▲ +8.96% | ▲ +16.52% | $66.31 (+8.65%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers