Form 4: Pentair EVP, CFO & CAO Robert P. Fishman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Robert P. Fishman, EVP, CFO & CAO of Pentair plc, reports changes in beneficial ownership of company stock due to tax obligations related to vesting restricted stock units.
Summary
- On January 3, 2025, Robert P. Fishman, EVP, CFO & CAO of Pentair plc, reported changes in beneficial ownership of Pentair shares.
- 1,855 common shares were disposed of to cover tax obligations related to the vesting of restricted stock units at a price of $101.06.
- Following the transaction, Fishman directly owns 52,433 common shares and 12,195 restricted stock units.
- The reporting was filed on January 7, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, allowing investors to track management's alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of transaction (disposal of shares for tax obligations). |
| 01/07/2025 | Date of filing the Form 4. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.