Form 4: Pentair Director Melissa Barra Reports Stock Transactions
SEC Form 4 Filing
Melissa Barra, a director at Pentair plc, reported the acquisition of restricted stock units and the disposition of shares to cover taxes.
Summary
- On January 2, 2025, Melissa Barra, a director of Pentair plc, acquired 1,643 restricted stock units (RSUs) under the company's 2020 Share and Incentive Plan.
- These RSUs represent the right to receive one Pentair plc share upon vesting.
- On the same day, Ms. Barra disposed of 963 shares of common stock at a price of $100.4 per share to cover taxes related to the vesting of previously reported restricted stock units.
- Following these transactions, Ms. Barra directly owns 4,753 shares of Pentair plc common stock and 1,643 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of restricted stock unit acquisition and stock disposal for tax obligations. |
| 01/06/2025 | Date of signature on the Form 4 filing. |
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