Kevin S. Blair, CEO of Pinnacle Financial Partners, purchased 2,565 shares of common stock on September 1, 2026, for approximately $250,000, according to a recent SEC Form 4 filing. The transaction, executed at a weighted average price of $97.48 per share, increases his direct holdings to 152,397 shares, valued at $14.8 million based on the market close of $97.03. This purchase represents a 2% expansion of his prior stake, signaling management's confidence in the regional bank. Pinnacle Financial, with a market capitalization of $15.0 billion and trailing-twelve-month revenue of $4.9 billion, recently integrated Synovus Financial, pushing its deposit base above $100 billion. Despite the stock's underperformance versus the S&P 500 since 2021, the CEO's buy suggests a positive outlook, though the stock trades at a slight premium to peers with a P/E of 13.7x.
Pinnacle Financial Partners, Inc.CEO Kevin Blair bought ~$250,000 of Pinnacle stock, signaling management confidence.
