Form 4: Pentair EVP Karla C. Robertson Reports Changes in Beneficial Ownership

Karla C. Robertson, EVP, CSO, GC & Secretary of Pentair plc, reports changes in beneficial ownership of company stock following the vesting of restricted stock units and shares surrendered for tax obligations.

Summary

• Karla C. Robertson, an executive at Pentair plc, filed a Form 4 with the SEC detailing changes in her beneficial ownership of Pentair stock.
• On January 3, 2025, Ms. Robertson surrendered 966 common shares to cover taxes related to the vesting of restricted stock units, at a price of $101.06 per share.
• Following this transaction, Ms. Robertson directly owns 58,217 common shares.
• She also holds 7,065.006 common shares in restricted stock units and 3,715.555 common shares in a deferral plan.
• These shares will be delivered to her according to her deferral election.
• The filing was signed by John K. Wilson, Attorney-in-Fact for Karla C. Robertson, on January 7, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to equity compensation and tax obligations, which is typical for executives.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates