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Pentair (PNR) EVP Rolchigo exercises stock options and updates share ownership

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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.
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*
Rolchigo Philip M.

(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 & Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
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 02/13/2026 M 2,154 A $46.42 21,952 D
Common Shares 02/13/2026 F(1) 987 D $101.37 20,965 D
Common Shares 02/13/2026 M 7,941 A $37.77 28,906 D
Common Shares 02/13/2026 F(1) 2,959 D $101.37 25,947 D
Common Shares 02/13/2026 M 1,940 A $51.53 27,887 D
Common Shares 02/13/2026 F(1) 987 D $101.37 26,900 D
Common Shares 02/13/2026 M 1,408 A $70.99 28,308 D
Common Shares 02/13/2026 F(1) 987 D $101.37 27,321 D
Common Shares 02/13/2026 M 2,213 A $45.2 29,534 D
Common Shares 02/13/2026 F(1) 987 D $101.37 28,547 D
Common Shares - Restricted Stock Units 1,705.161(2) D
Common Shares - ESOP 68.833(2) I Plan Agent
Common Shares - Deferral Plan 30,988.605(2)(3) 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
Employee Stock Option (right to buy) $46.42 02/13/2026 M 2,154 (4) 01/02/2030 Common Shares 2,154 $0 9,153 D
Employee Stock Option (right to buy) $37.77 02/13/2026 M 7,941 (4) 01/02/2029 Common Shares 7,941 $0 4,460 D
Employee Stock Option (right to buy) $51.53 02/13/2026 M 1,940 (4) 01/04/2031 Common Shares 1,940 $0 8,089 D
Employee Stock Option (right to buy) $70.99 02/13/2026 M 1,408 (4) 01/03/2032 Common Shares 1,408 $0 5,382 D
Employee Stock Option (right to buy) $45.2 02/13/2026 M 2,213 (4) 01/03/2033 Common Shares 2,213 $0 8,054 D
Explanation of Responses:
1. Shares swapped to cover the stock option exercise prices resulting from the stock option exercises.
2. 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).
3. Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
4. This option is presently exercisable in full.
/s/ John K. Wilson, Attorney-in-Fact for Philip M. Rolchigo 02/17/2026
** 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 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.

How many Pentair common shares does Philip M. Rolchigo directly own after these transactions?

After the reported transactions, Philip M. Rolchigo directly owns 28,547 Pentair common shares. This figure is shown as the amount of common shares beneficially owned following the last reported transaction, reflecting the net result of the option exercises and share deliveries.

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.

Does Philip M. Rolchigo hold any indirect Pentair (PNR) share interests?

Yes, he reports indirect interests through plan arrangements. The Form 4 shows 68.833 common shares in an ESOP and 30,988.605 common shares in a deferral plan, both held through a plan agent, in addition to his directly held common shares and restricted stock units.

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).
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