Form 4: Pentair EVP Stephen J. Pilla Reports Stock Sale and Holdings
SEC Form 4 Filing
Stephen J. Pilla, EVP at Pentair plc, reports the sale of 7,200 common shares at $98.14 and discloses holdings in common shares, restricted stock units, and a deferred plan.
Summary
- Stephen J. Pilla, an Executive Vice President at Pentair plc, filed a Form 4 detailing changes in beneficial ownership.
- On February 14, 2025, Pilla sold 7,200 common shares at a price of $98.14 per share.
- Following the transaction, Pilla directly owns 15,099.0407 common shares.
- Pilla also holds 6,623.889 common shares in Restricted Stock Units.
- Additionally, Pilla indirectly owns 4,278.657 shares through a deferred plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates the transactions and holdings of a key executive at Pentair.
Stakeholder Impact
- The stock sale by an executive may be of interest to shareholders, potentially influencing their perception of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock sale transaction and filing date. |
Keywords
Form 4, Pentair, Beneficial Ownership, Stock Sale, Stephen J. Pilla, PNR
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