Form 4: Pentair Director Reports RSU Grant, Tax-Related Share Sale

Pentair plc Director Theodore L. Harris reported the grant of 1,564 restricted stock units and the disposition of 689 common shares to cover tax obligations.

Summary

• Director Theodore L. Harris received a grant of 1,564 Restricted Stock Units (RSUs) of Pentair plc Common Stock on January 2, 2026.
• These RSUs were granted pursuant to and subject to a vesting condition of the Pentair plc 2020 Share and Incentive Plan, with each RSU representing a right to receive one Pentair plc share upon vesting.
• Harris also disposed of 689 shares of Common Stock on January 2, 2026, at a price of $105.47 per share.
• This disposition was specifically for shares surrendered to pay taxes applicable to the vesting of restricted stock units.
• Following these reported transactions, Harris beneficially owns 1,564 Restricted Stock Units and 15,347 shares of Common Stock.
• End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions and reflect the vesting of previously reported restricted stock units.

Sentiment

Score: 6

Explanation: The filing is neutral to slightly positive. The RSU grant is a positive sign of continued alignment between the director and shareholder interests, while the share disposition is a routine tax-related event and not indicative of negative sentiment towards the company.

Positives

• The grant of 1,564 Restricted Stock Units to Director Theodore L. Harris aligns his interests with the long-term performance and shareholder value of Pentair plc.

Negatives

• The disposition of 689 shares, while for tax purposes, results in a reduction of the director's direct common stock holdings.

Risks

• The granted Restricted Stock Units are subject to vesting conditions, meaning the shares are not immediately owned and could be forfeited if these conditions are not met.

Future Outlook

The filing indicates future vesting of Restricted Stock Units, which will convert into Pentair plc shares upon meeting specified conditions of the 2020 Share and Incentive Plan.

Management Comments

• Shares surrendered to pay taxes applicable to vesting of restricted stock units.

Industry Context

This Form 4 filing reflects routine insider equity compensation and tax-related transactions common across publicly traded companies, particularly for directors receiving equity grants as part of their compensation structure. It does not provide broader industry trends or specific competitive insights.

Stakeholder Impact

• Shareholders: The RSU grant aligns director interests with long-term shareholder value. The tax-related share sale is a minor, routine event that does not significantly impact overall share structure.
• Employees: The 2020 Share and Incentive Plan, under which the RSUs were granted, is a broader plan that may also benefit other employees, indicating a consistent approach to equity compensation.

Next Steps

• The granted Restricted Stock Units will vest according to the conditions of the Pentair plc 2020 Share and Incentive Plan, leading to the potential issuance of common shares.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions (RSU grant and tax-related share disposition) for a director. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transactions are standard compensation events and do not signal a significant positive or negative shift in the company's outlook.

Keywords

Pentair plc, PNR, SEC Form 4, Insider Trading, Restricted Stock Units, RSU Grant, Share Disposition, Director Compensation, Theodore L. Harris, Equity Compensation