Form 4: Pentair Executive Covers RSU Vesting Taxes

Jennifer M. Hensley, SVP, CAO & Controller of Pentair plc, surrendered shares to cover tax obligations related to restricted stock unit vesting.

Summary

• Jennifer M. Hensley, SVP, CAO & Controller of PENTAIR plc, engaged in transactions on March 1, 2026.
• A total of 283 common shares were surrendered to cover tax obligations arising from the vesting of restricted stock units.
• The shares were surrendered at a price of $98.12 per share.
• Following these transactions, Ms. Hensley beneficially owns 2,820.7285 common shares and 2,886.903 restricted stock units.
• The transactions were made pursuant to a Rule 10b5-1(c) plan, indicating a pre-planned and non-discretionary sale.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It reflects a routine compensation-related transaction for an executive, with no direct positive or negative implications for the company's operational or financial performance.

Positives

• Vesting of restricted stock units indicates the achievement of performance milestones or tenure requirements, which is positive for the executive.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-planned and non-discretionary sale.

Negatives

• The disposition of shares, even for tax purposes, reduces the executive's direct equity stake in the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that tax-related dispositions of shares following RSU vesting are standard practice for executives receiving equity compensation across various industries. This particular transaction for Pentair's SVP, CAO & Controller is a routine event and does not indicate any specific industry trend or competitive action.

Comparison to Industry Standards

• This type of transaction, where shares are surrendered to cover tax liabilities upon the vesting of restricted stock units, is a common and standard practice for executive compensation across publicly traded companies globally.
• It aligns with typical equity compensation structures seen in companies like Xylem Inc. or ITT Inc., which also operate in water and industrial solutions, where executives often receive RSUs as part of their long-term incentive plans.
• The specific number of shares or the value is relative to the individual's compensation package and the company's stock performance, but the mechanism itself is standard.

Related Party Transactions

• Jennifer M. Hensley, an executive of PENTAIR plc, engaged in a transaction involving company shares, which is considered a related party transaction in the context of insider reporting.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine compensation-related transaction for an executive.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Key Dates

Keywords

Pentair, PNR, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Equity Compensation, Jennifer M. Hensley, SVP CAO Controller, Rule 10b5-1