Pentair (PNR) EVP Rolchigo exercises stock options and updates share ownership
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pentair plc EVP & Chief Technology Officer Philip M. Rolchigo reported multiple transactions in Pentair common shares and stock options dated 02/13/2026. He exercised several employee stock options, including blocks of 2,154, 7,941, 1,940, 1,408 and 2,213 options, converting them into common shares.
In connection with these option exercises, shares were delivered to cover exercise prices and related obligations, as shown by several code F transactions referenced in the footnotes. After the reported transactions, he directly held 28,547 common shares, 1,705.161 restricted stock units, and had additional indirect holdings through an ESOP and a deferral plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,656 shares exercised/converted
Mixed
18 txns
Insider
Rolchigo Philip M.
Role
EVP & Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 2,154 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 7,941 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 1,940 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 1,408 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 2,213 | $0.00 | -- |
| Exercise | Common Shares | 2,154 | $46.42 | $100K |
| Tax Withholding | Common Shares | 987 | $101.37 | $100K |
| Exercise | Common Shares | 7,941 | $37.77 | $300K |
| Tax Withholding | Common Shares | 2,959 | $101.37 | $300K |
| Exercise | Common Shares | 1,940 | $51.53 | $100K |
| Tax Withholding | Common Shares | 987 | $101.37 | $100K |
| Exercise | Common Shares | 1,408 | $70.99 | $100K |
| Tax Withholding | Common Shares | 987 | $101.37 | $100K |
| Exercise | Common Shares | 2,213 | $45.20 | $100K |
| Tax Withholding | Common Shares | 987 | $101.37 | $100K |
| holding | Common Shares - Restricted Stock Units | -- | -- | -- |
| holding | Common Shares - ESOP | -- | -- | -- |
| holding | Common Shares - Deferral Plan | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 9,153 shares (Direct);
Common Shares — 21,952 shares (Direct);
Common Shares - Restricted Stock Units — 1,705.161 shares (Direct);
Common Shares - ESOP — 68.833 shares (Indirect, Plan Agent);
Common Shares - Deferral Plan — 30,988.605 shares (Indirect, Plan Agent)
Footnotes (1)
- Shares swapped to cover the stock option exercise prices resulting from the stock option exercises. 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. This option is presently exercisable in full.
FAQ
What did Pentair (PNR) executive Philip M. Rolchigo report in this Form 4?
Philip M. Rolchigo reported exercising multiple employee stock options and related share dispositions. On 02/13/2026, he converted several option grants into Pentair common shares and delivered some shares to cover exercise prices and obligations, updating his direct and indirect beneficial ownership positions.
What types of derivative securities were involved in Philip M. Rolchigo’s Pentair (PNR) Form 4 filing?
The filing involves employee stock options to purchase Pentair common shares. These options, described as "Employee Stock Option (right to buy)", were exercised in multiple tranches, each with its own exercise price and expiration date, and are presently exercisable according to the explanatory footnote.
What do the code F transactions mean in this Pentair (PNR) Form 4?
Code F indicates shares delivered to pay option exercise price or related liabilities. The explanation notes that shares were swapped to cover stock option exercise prices, so these dispositions were not open-market sales but part of settling obligations from the option exercises.
What restricted stock and plan-based holdings does Philip M. Rolchigo report for Pentair (PNR)?
He reports 1,705.161 restricted stock units and plan-based share equivalents. The filing lists direct holdings of common shares – restricted stock units and indirect holdings under an ESOP and a deferral plan, including amounts acquired through dividend reinvestment not separately reportable under Section 16(a).