Pentair plc (NYSE: PNR) director logs RSU grant and tax-related share sale
Rhea-AI Filing Summary
Pentair plc director David A. Jones reported routine equity compensation activity. On 01/02/2026, he received 1,564 restricted stock units (RSUs) under the Pentair plc 2020 Share and Incentive Plan, each representing one Pentair share upon vesting. The same day, 714 common shares were surrendered at $105.47 per share to cover taxes due on vesting of previously granted RSUs. After these transactions, he beneficially owned 27,259 common shares directly and 56,797.564 phantom stock units held indirectly through a plan agent, which are payable in Pentair common shares on a one-for-one basis in accordance with his prior election.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Pentair plc (PNR) report for David A. Jones?
The filing shows that director David A. Jones received 1,564 restricted stock units on 01/02/2026 and surrendered 714 common shares to cover taxes on 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 under the Pentair plc 2020 Share and Incentive Plan, each representing the right to receive one Pentair share upon vesting.
Why were 714 Pentair plc (PNR) shares disposed of in this Form 4?
The 714 common shares were surrendered in a transaction coded F, which the explanation states were shares surrendered to pay taxes applicable to vesting of restricted stock units.
What are the director's Pentair plc (PNR) common share holdings after the reported transactions?
After the transactions on 01/02/2026, the director beneficially owned 27,259 Pentair common shares directly, with end-of-period holdings also reflecting vesting of previously reported restricted stock units and shares from a dividend reinvestment plan.
How many phantom stock units linked to Pentair plc (PNR) does the director hold?
The filing reports 56,797.564 phantom stock units held indirectly through a Plan Agent. Each phantom stock unit converts into one common share, and settlement will be in Pentair common shares according to the reporting person’s irrevocable election.
What is the difference between RSUs and phantom stock units in this Pentair plc (PNR) filing?
Restricted stock units are equity awards that vest into Pentair shares under the 2020 Share and Incentive Plan. Phantom stock units are deferred compensation instruments that track Pentair’s common shares and, as stated, convert into common shares on a one-for-one basis, with settlement in shares as elected by the director.