Pentair plc (PNR) director reports RSU award and tax share sale
Rhea-AI Filing Summary
PENTAIR plc (PNR) director reports restricted stock unit grant and tax share surrender. On 01/02/2026, a reporting person serving as a director of Pentair received 1,564 restricted stock units of common stock under the Pentair plc 2020 Share and Incentive Plan, with each unit representing one Pentair share upon vesting. The units were recorded at a price of $0, reflecting that they are an equity award rather than a market purchase.
On the same date, 707 common shares were disposed of at $105.47 per share, coded as a tax-related transaction where shares were surrendered to pay taxes due upon vesting of restricted stock units. Following these transactions, the director beneficially owned 14,565 Pentair common shares directly, which include shares acquired through a dividend reinvestment plan and vesting of previously reported restricted stock units.
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FAQ
What insider transaction did Pentair plc (PNR) report on January 2, 2026?
On 01/02/2026, a Pentair plc director reported two equity transactions: a grant of 1,564 restricted stock units of common stock under the Pentair plc 2020 Share and Incentive Plan, and the disposition of 707 common shares to cover taxes related to vesting of restricted stock units.
How many Pentair plc (PNR) restricted stock units were granted to the director?
The director was granted 1,564 restricted stock units of Pentair plc common stock. Each unit represents the right to receive one Pentair share upon vesting, pursuant to the Pentair plc 2020 Share and Incentive Plan.
Why were 707 Pentair plc (PNR) shares disposed of at $105.47?
The Form 4 shows 707 common shares disposed of at $105.47 per share with transaction code F. The explanation states these shares were surrendered to pay taxes applicable to the vesting of restricted stock units.
How many Pentair plc (PNR) shares does the director own after these transactions?
After the reported transactions, the director beneficially owned 14,565 shares of Pentair plc common stock directly. These end-of-period holdings reflect the vesting of previously reported restricted stock units and include shares acquired through a dividend reinvestment plan.
What plan governs the restricted stock units reported for Pentair plc (PNR)?
The restricted stock units were granted under the Pentair plc 2020 Share and Incentive Plan, and are subject to vesting conditions described as a vesting condition of that plan. Each restricted stock unit converts into one Pentair share upon vesting.
Is the Pentair plc (PNR) director a 10% owner based on this Form 4?
The relationship section indicates the reporting person is a Director, and the 10% owner box is not marked in the excerpt. The form is filed as a Form filed by one reporting person.