PNR Insider Filing: EVP Lance Bonner Receives 4,860 RSUs Under 2020 Plan
Rhea-AI Filing Summary
Lance T. Bonner, EVP, General Counsel and Secretary of Pentair plc (PNR), was granted 4,860 restricted stock units (RSUs) on 08/11/2025 under the Pentair plc 2020 Share and Incentive Plan. Each RSU represents a right to receive one Pentair common share upon vesting.
The grant is reported as an acquisition at a $0 price and the filing shows 4,860 RSUs as directly beneficially owned following the transaction. The Form 4 discloses the award and the plan under which it was issued.
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Insights
TL;DR: Routine executive equity grant: 4,860 RSUs granted to an officer, recorded as direct beneficial ownership at $0.
The reported grant of 4,860 RSUs to Lance T. Bonner is a standard long-term equity award under Pentair's 2020 Share and Incentive Plan. The units are documented as representing one share each upon vesting and are recorded at a $0 acquisition price in the Form 4. For investors, this is a disclosure of executive compensation and incremental potential dilution when the RSUs vest and convert to common shares. The filing contains no indication of cash proceeds or exercised options tied to this transaction.
TL;DR: Governance disclosure shows an officer receiving RSUs consistent with incentive plan administration; no unusual terms disclosed.
The Form 4 reports a grant structure typical for executive compensation: restricted stock units subject to vesting under the company's 2020 plan, each RSU converting to one share upon vesting. The report lists direct beneficial ownership after the grant. The filing does not disclose vesting schedule details or accelerated terms, and it does not present any governance concerns or departures from standard equity-award practice based on the information provided.