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AI brief of an SEC Form 8-K · Pinnacle Financial Partners (PNFP)

Pinnacle Financial amends McCabe pay terms and signs $2 million Carpenter non-compete

Neutral Impact 2 of 5 leadership Written later

Pinnacle Financial Partners amended the letter agreement with Chief Banking Officer Robert A. McCabe Jr., changing the form but not the $5,890,000 total of his compensation opportunity. The company also agreed to pay Harold R. Carpenter $2,000,000 in exchange for a non-compete and non-solicitation covenant running from January 1, 2026 to January 1, 2027.

Key points

  • McCabe's total compensation opportunity stays at $5,890,000, with base salary set at $3,465,000 and target annual bonus at $2,426,000.
  • Carpenter's restrictive covenant payment is $2,000,000 less withholdings, paid in two equal installments.
  • The second Carpenter installment is due on or immediately after January 1, 2027; repayment or forfeiture applies if he breaches the non-compete.
  • Both agreements are dated January 14, 2026, and the filing was signed January 15, 2026.

The filing

CompanyPinnacle Financial Partners (PNFP)
Form8-K, current report
Filed with the SECJan 15, 2026, 4:16 PM ET
Accession number0002082866-26-000004

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 15, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.