Pentair (PNR) director discloses RSU award and 700-share tax surrender
Rhea-AI Filing Summary
Pentair plc director Michael T. Speetzen reported equity award activity on 01/02/2026. He received 1,564 restricted stock units of Pentair common stock under the company’s 2020 Share and Incentive Plan, with each unit representing one future share upon vesting and recorded at a price of $0. On the same date, 700 common shares were surrendered at $105.47 per share to cover taxes related to the vesting of restricted stock units. After these transactions, he beneficially owns 15,290 Pentair shares directly, which include shares accumulated through a dividend reinvestment plan and prior restricted stock unit vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Restricted Stock Units | 1,564 | $0.00 | -- |
| Tax Withholding | Common Stock | 700 | $105.47 | $74K |
Footnotes (1)
- 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. 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). End-of-period holdings reflect the vesting of restricted stock units that were previously reported. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
FAQ
What insider transaction did Pentair (PNR) report for Michael T. Speetzen?
On 01/02/2026, Pentair director Michael T. Speetzen reported the grant of 1,564 restricted stock units and the surrender of 700 common shares to pay taxes tied to restricted stock unit vesting.
How many Pentair restricted stock units did Michael T. Speetzen receive?
He received 1,564 restricted stock units of Pentair common stock, granted pursuant to the Pentair plc 2020 Share and Incentive Plan, with each unit representing one share upon vesting.
What plan governs the restricted stock units reported by Pentair director Michael T. Speetzen?
The restricted stock units were granted under the Pentair plc 2020 Share and Incentive Plan and are subject to a vesting condition, with each unit delivering one Pentair share upon vesting.