Pentair (PNR) director Form 4 shows 6,558-share option exercise and sale
Rhea-AI Filing Summary
Pentair plc director reports option exercise and share sale. A Pentair plc (PNR) director filed a Form 4 disclosing that on 12/01/2025 they exercised director stock options for 6,558 common shares at an exercise price of $32.83 per share and sold 6,558 common shares at a price of $104.33 per share. The transactions were made under a Rule 10b5-1 trading plan adopted on February 10, 2025 for financial planning purposes. After these transactions, the director beneficially owned 31,192 common shares directly, 1,659.571 common shares in the form of restricted stock units, and 1,976.605 phantom stock units that are designed to convert into common shares on a one-for-one basis and be settled in Pentair common shares in accordance with the reporting person’s irrevocable election.
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FAQ
What insider transaction did Pentair (PNR) report on this Form 4?
The filing reports that a Pentair plc director exercised director stock options for 6,558 common shares at an exercise price of $32.83 per share and sold 6,558 common shares at a price of $104.33 per share on 12/01/2025.
Whose holdings are reported in this Pentair (PNR) Form 4 and what is their role?
The Form 4 covers a Pentair plc director, who is identified as a Director of the issuer and is filing as one reporting person. The signature block shows the form was signed by John K. Wilson, Attorney-in-Fact for T. Michael Glenn.
How many Pentair (PNR) shares does the director own after the reported transactions?
Following the reported transactions, the director beneficially owned 31,192 common shares directly and 1,659.571 common shares represented by restricted stock units. In addition, they held 1,976.605 phantom stock units, which are designed to convert into common shares on a one-for-one basis and be settled in Pentair common shares.
Was the Pentair (PNR) insider trade made under a Rule 10b5-1 plan?
Yes. The explanation states that the reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes on February 10, 2025.
What derivative securities are disclosed for the Pentair (PNR) director on this Form 4?
The filing lists a director stock option (right to buy) with an exercise price of $32.83 that covered 6,558 common shares and was exercised on 12/01/2025, and phantom stock units (deferred compensation) tied to 1,976.605 common shares. The explanation notes that phantom stock units convert into common shares on a one-for-one basis and will be settled in Pentair common shares according to the reporting person’s irrevocable election.
Does the Pentair (PNR) Form 4 mention dividend reinvestment or exempt transactions?
Yes. The explanation notes that end-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions that are not required to be reported pursuant to Section 16(a).