Form 4: Pentair Executive Granted RSUs and Stock Options

Pentair plc's EVP, GC & Secretary, Lance T. Bonner, was granted 1,778 restricted stock units and 4,982 employee stock options on January 2, 2026.

Summary

• Lance T. Bonner, EVP, GC & Secretary of Pentair plc, acquired 1,778 Restricted Stock Units (RSUs) on January 2, 2026.
• Each RSU represents a right to receive one Pentair plc share upon vesting, granted under the 2020 Share and Incentive Plan.
• Bonner's direct beneficial ownership of non-derivative securities increased to 6,649.317 common shares, including shares from a dividend reinvestment plan.
• Bonner also acquired 4,982 employee stock options on January 2, 2026, with an exercise price of $105.47 and an expiration date of January 2, 2036.
• These stock options were granted under the Pentair plc 2020 Share and Incentive Plan and vest in one-third increments on the first, second, and third anniversaries of the grant date.

Sentiment

Score: 7

Explanation: The filing reports routine equity grants to an executive, which is generally a positive sign of executive retention and alignment with shareholder interests, though not a major market moving event.

Positives

• Grants of Restricted Stock Units (RSUs) and employee stock options align executive incentives with shareholder value creation.
• The grants demonstrate continued commitment to the executive team through equity compensation.

Future Outlook

The grants of equity compensation are intended to incentivize long-term performance and align the executive's interests with future shareholder value, with vesting schedules extending over multiple years.

Industry Context

Equity grants to executives are a standard practice across various industries, including the industrial and water solutions sector where Pentair operates, serving as a key component of executive compensation packages designed to retain talent and align management's interests with long-term company performance.

Related Party Transactions

• The grants of Restricted Stock Units and employee stock options to Lance T. Bonner, an executive officer, constitute related party transactions as part of his compensation package.

Stakeholder Impact

• Shareholders: The grants align executive incentives with shareholder value, potentially leading to better long-term performance. Dilution from future share issuance upon vesting/exercise is a minor consideration.
• Employees: Reflects standard executive compensation practices, potentially influencing overall compensation philosophy.

Next Steps

• Restricted Stock Units are subject to a vesting condition, after which they will convert to Pentair plc shares.
• One-third of the granted stock options will become exercisable on the first, second, and third anniversaries of the grant date (January 2, 2026).

Key Dates

Keywords

Pentair plc, PNR, Form 4, Restricted Stock Units, RSU, Stock Options, Equity Compensation, Executive Compensation, Insider Transaction, Lance T Bonner