Pentair EVP disposes shares for tax withholding
PENTAIR plc executive Heather M. Hausmann, EVP, CIO and CISO, reported a tax-related share transaction.
Rhea-AI Filing Summary
PENTAIR plc executive Heather M. Hausmann, EVP, CIO and CISO, reported a tax-related share transaction. On the reported date, 213 Common Shares were disposed of at $97.57 per share to cover taxes due on the vesting of restricted stock units, as noted in a footnote. After this withholding, she directly held 1,752 Common Shares. A separate line shows end-of-period holdings of 10,612.674 Common Shares in the form of restricted stock units, reflecting units that vested and had been previously reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 213 shares
Exercise Price or Tax Liability
2 txns
Insider
Hausmann Heather M.
Role
EVP, CIO and CISO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 213 | $97.57 | $21K |
| holding | Common Shares - Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Shares — 1,752 shares (Direct);
Common Shares - Restricted Stock Units — 10,612.674 shares (Direct)
Footnotes (2)
- F1. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- F2. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Pentair (PNR) report for Heather M. Hausmann?
Pentair reported that EVP, CIO and CISO Heather M. Hausmann disposed of 213 Common Shares at $97.57 per share. A footnote explains these shares were surrendered to pay taxes on the vesting of restricted stock units.
Was the Pentair (PNR) insider transaction an open-market sale?
The transaction was not described as an open-market sale. The Form 4 shows a code F, and a footnote states the 213 shares were surrendered to pay taxes on restricted stock unit vesting.
What does the Form 4 say about Heather M. Hausmann’s Pentair (PNR) restricted stock units?
The Form 4 shows end-of-period holdings of 10,612.674 Common Shares as restricted stock units. A footnote notes these reflect the vesting of restricted stock units that were previously reported in earlier disclosures.
What is transaction code F in the Pentair (PNR) insider filing?
The filing describes transaction code F as a “Payment of exercise price or tax liability by delivering securities.” In this case, 213 shares were surrendered to cover taxes on the vesting of restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.