Pentair executive receives new RSU and stock option awards
PENTAIR plc executive Lance T. Bonner reported new equity awards.
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Rhea-AI Filing Summary
PENTAIR plc executive Lance T. Bonner reported new equity awards. As EVP, General Counsel and Secretary, he received 1,778 restricted stock units on 01/02/2026 under the Pentair plc 2020 Share and Incentive Plan, with each unit representing one ordinary share upon vesting. Following this grant, he beneficially owned 6,649.317 common shares, which include shares accumulated through a dividend reinvestment plan.
On the same date, he was also granted an employee stock option to purchase 4,982 common shares at an exercise price of $105.47 per share. One-third of these options become exercisable on each of the first, second, and third anniversaries of the grant, providing a staged vesting schedule through 01/02/2036 as the stated expiration date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 4,982 | $0.00 | $0.00 |
| Grant/Award | Common Shares - Restricted Stock Units | 1,778 | $0.00 | $0.00 |
Footnotes (4)
- F1. 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.
- F2. 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).
- F3. Employee stock option granted under the Pentair plc 2020 Share and Incentive Plan.
- F4. One-third of the stock options become exercisable on the first, second and third anniversary of the grant.
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