$PNFP · Pinnacle Financial Partners, Inc.
Director David B. Ingram acquired 10,000 shares of Pinnacle Financial Partners at $99.16 per share, a total outlay of $991,600. The purchase was an open-market transaction, not executed under a 10b5-1 plan. Ingram now directly owns 75,182 shares.
- Director David B. Ingram purchased 10,000 shares at $99.16 each, totaling $991,600.
- Transaction was an open-market purchase (code P), not a 10b5-1 plan execution.
- Post-transaction, Ingram holds 75,182 shares directly.
- Ingram is a director only — not an officer or 10% owner.
- The purchase price of $99.16 sits below the current extended-hours level of $102.50.
Extended-hours trading shows PNFP at $102.50, up 0.78% from the regular close and 0.77% above the filing-time price — a modest positive drift consistent with the insider-buy signal. The $991,600 purchase is meaningful for a director-level insider.
A near-million-dollar discretionary buy by a director at a regional bank is a tangible confidence signal worth tracking.
Regional bank insider buying often draws attention as a signal of management confidence in credit quality and balance-sheet strength.
No 10b5-1 plan was used, meaning this was a discretionary buy — but a single director purchase does not guarantee future performance.