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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Restricted Stock Units | 1,564 | $0.00 | -- |
| Tax Withholding | Common Stock | 707 | $105.47 | $75K |
Footnotes (1)
- Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2020 Share and Incentive Plan. Each restricted stock unit represents a right to receive one Pentair plc share upon vesting. 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). End-of-period holdings reflect the vesting of restricted stock units that were previously reported. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
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.
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.