Pentair (PNR) EVP & Chief HR Officer reports new equity awards and tax share surrenders
Rhea-AI Filing Summary
PENTAIR plc executive Tanya L. Hooper, EVP & Chief HR Officer, reported new equity awards and related share transactions. On 01/02/2026, she received 2,370 restricted stock units under the Pentair plc 2020 Share and Incentive Plan, each representing one common share upon vesting. On the same date, she also received an employee stock option covering 6,643 common shares at an exercise price of $105.47 per share, expiring on 01/02/2036, with one-third of the options becoming exercisable on each of the first three anniversaries of the grant.
To cover taxes on vesting restricted stock units, Hooper surrendered small blocks of common shares, including 296 shares at $105.47 on 01/02/2026 and additional 214 and 383 shares at prices of $105.47 and $102.67 on 01/02/2026 and 01/03/2026. Her end-of-period holdings also reflect shares acquired through a dividend reinvestment plan and monthly purchases under an employee stock purchase plan.
Positive
- None.
Negative
- None.
FAQ
What insider transactions did PENTAIR plc (PNR) report for Tanya L. Hooper?
Tanya L. Hooper, EVP & Chief HR Officer of PENTAIR plc (PNR), reported the grant of 2,370 restricted stock units, a new stock option for 6,643 common shares at $105.47 per share, and several small share surrenders to cover taxes on vesting restricted stock units.
How many restricted stock units were granted to the PENTAIR (PNR) executive and under what plan?
On 01/02/2026, Tanya L. Hooper was granted 2,370 restricted stock units under the PENTAIR plc 2020 Share and Incentive Plan. Each restricted stock unit represents the right to receive one Pentair plc common share upon vesting.
What are the terms of the new stock options reported by PENTAIR plc (PNR)?
The filing shows an employee stock option granted on 01/02/2026 for 6,643 common shares at an exercise price of $105.47 per share. The option expires on 01/02/2036, and one-third of the stock options become exercisable on the first, second, and third anniversaries of the grant.
Why did the PENTAIR (PNR) officer dispose of some common shares in this Form 4?
The filing states that certain common shares were surrendered to pay taxes applicable to the vesting of restricted stock units. These transactions are coded as "F" and include blocks such as 296 shares at $105.47 and other similar amounts.
How are dividend reinvestment and ESPP purchases reflected in the PENTAIR (PNR) holdings?
The end-of-period holdings disclosed for Tanya L. Hooper include shares acquired under a dividend reinvestment plan and monthly purchases under an employee stock purchase plan, both described as exempt transactions not required to be separately reported under Section 16(a).
What role does Tanya L. Hooper hold at PENTAIR plc (PNR) in this insider report?
In this report, Tanya L. Hooper is identified as an Officer of PENTAIR plc, serving as EVP & Chief HR Officer, and the Form 4 is filed for one reporting person.