Pentair CFO uses 1,820 shares for tax bill
Pentair’s interim CFO had shares withheld to cover taxes on vesting restricted stock units, with RSU-based holdings updated afterward.
Rhea-AI Filing Summary
PENTAIR plc (PNR) reported that Interim EVP and CFO Robert P. Fishman disposed of common shares on September 2, 2026 to satisfy tax obligations related to vesting restricted stock units. A total of 747 and 1,073 common shares were withheld at $59.84 per share to pay these taxes, and end-of-period holdings reflect previously reported restricted stock units that vested, leaving 13,265.79 common-share-equivalent restricted stock units held directly. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,820 shares
Tax Withholding
3 txns
Insider
Fishman Robert P
Role
Interim EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares F1, F2 | 747 | $59.84 | $45K |
| Tax Withholding | Common Shares F1, F2 | 1,073 | $59.84 | $64K |
| holding | Common Shares - Restricted Stock Units F2 | -- | -- | -- |
Holdings After Transaction:
Common Shares — 7,761 shares (Direct);
Common Shares - Restricted Stock Units — 13,265.79 shares (Direct)
Footnotes (2)
- F1. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- F2. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
Key Figures
Shares withheld for taxes (entry 1): 747 shares
Shares withheld for taxes (entry 2): 1,073 shares
Total shares used for tax liability: 1,820 shares
+2 more
5 metrics
Shares withheld for taxes (entry 1)
747 shares
Common shares delivered or withheld on September 2, 2026 for tax liability
Shares withheld for taxes (entry 2)
1,073 shares
Additional common shares delivered or withheld on September 2, 2026 for tax liability
Total shares used for tax liability
1,820 shares
Exercise-price-or-tax-liability shares across both Form 4 code F transactions
Price per share for tax withholding
$59.84 per share
Applied to both September 2, 2026 common-share tax-withholding entries
Restricted stock units held after period
13,265.79 units
End-of-period holdings of common-share-equivalent restricted stock units
Key Terms
Restricted stock units, Payment of tax liability by delivering or withholding securities, Rule 10b5-1 trading plan
3 terms
Restricted stock units financial
"vesting of restricted stock units that were previously reported"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Payment of tax liability by delivering or withholding securities financial
"transaction code F described as Payment of tax liability by delivering"
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transaction did PNR disclose for Interim EVP and CFO Robert P. Fishman?
Pentair disclosed that Robert P. Fishman had common shares withheld on September 2, 2026 to cover tax liabilities arising from vesting restricted stock units, rather than selling shares on the open market.
How many restricted stock units does the Pentair (PNR) interim CFO hold after these transactions?
After the vesting event and related tax-withholding, Robert P. Fishman directly holds 13,265.79 common-share-equivalent restricted stock units, as reflected in his end-of-period holdings reported in the Form 4 filing.
Were the Pentair (PNR) insider transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for these transactions; they reflect shares surrendered to pay taxes on vesting restricted stock units rather than trades under a pre-arranged plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.