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

Pinnacle Financial Partners amends non-compete deal with former executive Harold Carpenter

Neutral Impact 2 of 5 leadership Written later

Pinnacle Financial Partners amended its letter agreement with Harold R. Carpenter, extending his non-compete and non-solicitation covenants and cooperation duties through March 31, 2027. In exchange, the company will accelerate a $1,000,000 installment to October 1, 2026 and pay an additional $500,000 on or after March 31, 2027, subject to repayment or forfeiture if he breaches the non-compete.

Key points

  • Amended letter agreement with Harold R. Carpenter dated September 9, 2026, extends covenants through March 31, 2027
  • Second installment of $1,000,000 accelerated from on or after January 1, 2027 to October 1, 2026
  • Additional $500,000 cash payment due on or after March 31, 2027, subject to clawback or forfeiture on breach

The filing

CompanyPinnacle Financial Partners (PNFP)
Form8-K, current report
Filed with the SECSep 10, 2026, 7:00 AM ET
Accession number0002082866-26-000085

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing 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 September 10, 2026.

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