Form 4: Pentair CEO John L. Stauch Reports Changes in Beneficial Ownership
SEC Filing
Pentair's CEO, John L. Stauch, reports changes in his beneficial ownership of company stock due to tax obligations and vesting of restricted stock units.
Summary
- John L. Stauch, the President and CEO of Pentair plc, filed a Form 4 with the SEC on January 7, 2025.
- The filing reports changes in his beneficial ownership of Pentair's common shares.
- On January 3, 2025, 609 shares were surrendered to cover taxes related to the vesting of restricted stock units at a price of $101.06 per share.
- Following the reported transaction, Stauch directly owns 13,503 common shares.
- He also holds 27,171.925 common shares in restricted stock units and 397,818.664 common shares in a deferral plan.
- These shares will be delivered to him according to his deferral election.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which is neutral in sentiment.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Shares surrendered to pay taxes on vesting restricted stock units. |
| 01/07/2025 | Date of Form 4 filing. |
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