Pentair (PNR) EVP Wiggins reports share award and tax-share surrender
Rhea-AI Filing Summary
PENTAIR plc EVP & President, Flow segment DeMon L. Wiggins reported equity compensation activity involving company common shares. On February 23, 2026, he acquired 16,336 common shares at no cost through the settlement of performance share units earned for the performance period ended December 31, 2025, after the Compensation Committee certified the performance results. On the same date, 7,068 shares were surrendered at a price of $101.66 per share to cover taxes due on this settlement. After these awards and tax-withholding transactions, his directly held common share balance and various plan-related holdings were updated, including restricted stock units, employee stock ownership plan shares, and deferral plan amounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 16,336 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 7,068 | $101.66 | $719K |
| holding | Common Shares - Restricted Stock Units | -- | -- | -- |
| holding | Common Shares - ESOP | -- | -- | -- |
| holding | Common Shares - Deferral Plan | -- | -- | -- |
Footnotes (6)
- F1. Reflects the settlement of performance share units in shares earned for the performance period ended December 31, 2025. The Compensation Committee certified the achievement of the performance goals on February 23, 2026.
- F2. End-of-period holdings include monthly purchases under the ESPP in exempt transactions pursuant to Rule 16b-3(c).
- F3. End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
- F4. Shares surrendered to pay taxes applicable to settlement of performance share units.
- F5. End-of-period holdings reflect the deferral of vested performance share units.
- F6. Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
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