Pentair (PNR) EVP & Pool CEO gets 22,870-share award, surrenders stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PENTAIR plc executive Jerome O. Pedretti reported stock-based compensation activity. On February 23, 2026, he acquired 22,870 common shares at $0 per share through a grant described as settlement of performance share units earned for the performance period ended December 31, 2025.
On the same date, he disposed of 9,379 common shares at $101.66 per share, with shares surrendered to cover taxes related to that settlement, rather than an open-market sale. After these transactions, he directly held 65,267 common shares, plus 8,190.012 restricted stock units and 2,651.332 deferred common shares held indirectly through a plan agent, which will be delivered under his deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Pedretti Jerome O
Role
EVP & CEO, Pool
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 22,870 | $0.00 | -- |
| Tax Withholding | Common Shares | 9,379 | $101.66 | $953K |
| holding | Common Shares - Restricted Stock Units | -- | -- | -- |
| holding | Common Shares - Deferral Plan | -- | -- | -- |
Holdings After Transaction:
Common Shares — 74,646 shares (Direct);
Common Shares - Restricted Stock Units — 8,190.012 shares (Direct);
Common Shares - Deferral Plan — 2,651.332 shares (Indirect, Plan Agent)
Footnotes (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. Shares surrendered to pay taxes applicable to settlement of 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.
FAQ
What insider transactions did PENTAIR (PNR) executive Jerome Pedretti report?
Jerome Pedretti reported a grant of 22,870 Pentair common shares and a related tax-withholding disposition of 9,379 shares. Both actions occurred on February 23, 2026, and relate to settlement of previously awarded performance share units.
Was the Pentair (PNR) insider transaction an open-market sale?
The disposition was not an open-market sale. Pedretti surrendered 9,379 shares at $101.66 per share to pay taxes due on the settlement of performance share units, a common cashless tax-withholding mechanism for equity compensation.
What role does Jerome Pedretti hold at Pentair (PNR)?
Jerome O. Pedretti serves as Executive Vice President and CEO, Pool at Pentair plc. The reported equity transactions reflect his stock-based compensation and related tax-withholding, rather than discretionary open-market buying or selling activity.