STOCK TITAN

Pentair (PNR) EVP reports 15,519-share grant and tax share surrender

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PENTAIR plc executive Stephen J. Pilla reported equity award activity involving company common shares. On February 23, 2026, he acquired 15,519 common shares at $0.00 per share as a grant related to performance share units earned for a performance period ending December 31, 2025, after the Compensation Committee certified goal achievement on that date. On the same day, 862 common shares were disposed of at $101.66 per share to cover taxes due on the settlement of those performance share units. Following these transactions, he directly held 16,961.9368 common shares, plus 2,858.682 restricted stock units and 26,586.923 common shares credited under a deferral plan held indirectly through a plan agent.

Positive

  • None.

Negative

  • None.
Insider Pilla Stephen J
Role EVP Ch Sup Chn Of Ch Trnfrm O
Type Security Shares Price Value
Grant/Award Common Shares 15,519 $0.00 --
Tax Withholding Common Shares 862 $101.66 $88K
holding Common Shares - Restricted Stock Units -- -- --
holding Common Shares - Deferral Plan -- -- --
Holdings After Transaction: Common Shares — 31,409.937 shares (Direct); Common Shares - Restricted Stock Units — 2,858.682 shares (Direct); Common Shares - Deferral Plan — 26,586.923 shares (Indirect, Plan Agent)
Footnotes (1)
  1. 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. End-of-period holdings include monthly purchases under the ESPP in exempt transactions pursuant to Rule 16b-3(c). Shares surrendered to pay taxes applicable to settlement of performance share units. End-of-period holdings reflect the deferral of vested performance share units. 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). Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pilla Stephen J

(Last) (First) (Middle)
5500 WAYZATA BLVD.
SUITE 900

(Street)
GOLDEN VALLEY MN 55416

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PENTAIR plc [ PNR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP Ch Sup Chn Of Ch Trnfrm O
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 02/23/2026 A(1) 15,519 A $0 31,409.9368(2) D
Common Shares 02/23/2026 F(3) 862 D $101.66 16,961.9368(2)(4) D
Common Shares - Restricted Stock Units 2,858.682(5) D
Common Shares - Deferral Plan 26,586.923(4)(5)(6) I Plan Agent
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. End-of-period holdings include monthly purchases under the ESPP in exempt transactions pursuant to Rule 16b-3(c).
3. Shares surrendered to pay taxes applicable to settlement of performance share units.
4. End-of-period holdings reflect the deferral of vested performance share units.
5. 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).
6. Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
/s/ John K. Wilson, Attorney-in-Fact for Stephen J. Pilla 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity award did Pentair (PNR) EVP Stephen J. Pilla receive?

Stephen J. Pilla received a grant of 15,519 Pentair common shares at $0.00 per share. These shares reflect settlement of performance share units earned for the performance period ending December 31, 2025, after the Compensation Committee certified goal achievement on February 23, 2026.

Why were 862 Pentair (PNR) shares disposed of in this Form 4?

The 862 Pentair common shares were surrendered at $101.66 per share to pay taxes on the settlement of performance share units. This is a tax-withholding disposition, not an open-market sale, and is reported under transaction code F in the filing.

How many Pentair (PNR) common shares does Stephen J. Pilla hold after these transactions?

After these transactions, Stephen J. Pilla directly holds 16,961.9368 Pentair common shares. He also has 2,858.682 restricted stock units and 26,586.923 common shares credited under a deferral plan, which are held indirectly through a plan agent structure.

What performance period is linked to the Pentair (PNR) shares reported in this Form 4?

The awarded shares relate to performance share units earned for the performance period ending December 31, 2025. Pentair’s Compensation Committee certified achievement of the applicable performance goals on February 23, 2026, which triggered settlement of those units in common shares.

How are Pentair (PNR) deferral plan shares held for Stephen J. Pilla?

Deferral plan shares for Stephen J. Pilla are held indirectly through a plan agent. End-of-period holdings under the deferral plan totaled 26,586.923 common shares, to be delivered to him according to his irrevocable deferral election as described in the filing footnotes.

Do Pentair (PNR) end-of-period holdings include ESPP and dividend reinvestment shares?

Yes. End-of-period holdings include shares from monthly purchases under the Employee Stock Purchase Plan and shares acquired via a dividend reinvestment plan. These were made in exempt transactions not required to be separately reported under Section 16(a), but are reflected in the totals.