Pentair plc (NYSE: PNR) director discloses RSU grant and tax share sale
Rhea-AI Filing Summary
Pentair plc director reports stock grant and tax withholding transaction. On 01/02/2026, the director received 1,564 restricted stock units under the Pentair plc 2020 Share and Incentive Plan. Each restricted stock unit represents a right to receive one Pentair share upon vesting, and the units were recorded at a price of $0 per unit.
On the same date, 699 common shares were surrendered at a price of $105.47 per share to pay taxes related to the vesting of previously granted restricted stock units. After these transactions, the director beneficially owned 21,895 Pentair plc common shares directly, which include shares acquired through a dividend reinvestment plan and prior restricted stock unit vesting.
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FAQ
What insider transaction did Pentair plc (PNR) report in this filing?
The filing reports that a Pentair plc director received 1,564 restricted stock units on 01/02/2026 under the Pentair plc 2020 Share and Incentive Plan and surrendered shares to cover taxes on vesting restricted stock units.
How many Pentair plc (PNR) shares were surrendered for taxes?
The director surrendered 699 common shares of Pentair plc at $105.47 per share to pay taxes applicable to the vesting of restricted stock units.
What does the 1,564 restricted stock unit grant for Pentair plc (PNR) represent?
The 1,564 restricted stock units represent rights granted under the Pentair plc 2020 Share and Incentive Plan, where each unit corresponds to one Pentair plc share to be delivered upon vesting.
How many Pentair plc (PNR) shares does the director own after these transactions?
Following the reported transactions, the director beneficially owned 21,895 Pentair plc common shares directly.
Are dividend reinvestment shares included in the Pentair plc (PNR) director’s holdings?
Yes. The end-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported under Section 16(a).
What plan governs the Pentair plc (PNR) restricted stock unit grant in this report?
The restricted stock units were granted pursuant to the Pentair plc 2020 Share and Incentive Plan and are subject to vesting conditions under that plan.