CEO Buys $250,000 Worth of Regional Bank Stock
Blair's open-market purchase brings his direct holdings to 152,397 shares worth $14.8 million, signaling confidence in the regional banking platform.
Overview
Kevin S. Blair, Chief Executive Officer of Pinnacle Financial Partners, Inc. (NYSE:PNFP), purchased 2,565 shares of common stock on Sept. 1, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($97.48); post-transaction value based on September 01, 2026, market close ($97.03).
Details
Pinnacle Financial Partners, Inc. is a regional bank holding company with $15.0 billion in market capitalization and $4.9 billion in TTM revenue, operating 8,433 employees across the United States. The company maintains a diversified business model centered on deposit gathering and lending, positioning itself as a significant regional financial services provider with a demonstrated TTM net income of $821.1 million.
Source
Originally published at www.fool.com.