Form 4: Pentair Executive's Equity Awards and RSU Vesting

Pentair's EVP, CIO, and CISO, Heather M. Hausmann, reported the vesting of restricted stock units and the grant of new equity awards.

Summary

• Heather M. Hausmann, EVP, CIO, and CISO of Pentair plc (PNR), reported transactions related to her beneficial ownership.
• On March 1, 2026, 258 Common Shares were surrendered at a price of $98.12 per share to cover tax obligations arising from the vesting of restricted stock units.
• On March 2, 2026, 1,529 Restricted Stock Units (RSUs) were acquired, granted under the Pentair plc 2020 Share and Incentive Plan, with each RSU representing a right to receive one Pentair plc share upon vesting.
• Also on March 2, 2026, 4,285 Employee Stock Options were granted under the Pentair plc 2020 Share and Incentive Plan, with an exercise price of $98.12 per share.
• Post-transaction holdings include 1,016 and 1,272 direct Common Shares, 11,305.674 direct Restricted Stock Units, and 4,285 direct Employee Stock Options.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a positive development for the executive's personal compensation and a neutral, routine disclosure for the company, reflecting ongoing incentive alignment through equity awards.

Positives

• The executive received a grant of 1,529 Restricted Stock Units, aligning her interests with long-term shareholder value.
• An additional 4,285 Employee Stock Options were granted, providing further incentive for future company performance.
• The vesting of previously reported restricted stock units indicates the executive is realizing value from prior compensation awards.

Negatives

• 258 Common Shares were disposed of to cover tax liabilities associated with the vesting of restricted stock units, which is a routine but necessary reduction in direct shareholdings.

Future Outlook

The granted Restricted Stock Units are subject to future vesting conditions, and the Employee Stock Options will become exercisable in one-third increments on the first, second, and third anniversaries of the grant date.

Industry Context

StockSavvy.ai notes that the grant of restricted stock units and employee stock options is a standard practice in executive compensation across various industries, designed to align management's long-term interests with those of shareholders and to incentivize performance and retention.

Stakeholder Impact

• Shareholders: The grants align the executive's financial interests with long-term shareholder value, though they represent potential future dilution from new share issuance.
• Executive: The executive benefits from increased equity ownership and potential future gains, enhancing personal wealth and retention incentives.

Next Steps

• The Restricted Stock Units will vest according to the terms of the Pentair plc 2020 Share and Incentive Plan.
• The Employee Stock Options will become exercisable in three annual installments, starting one year from the grant date of March 2, 2026.

Key Dates

Keywords

Pentair, PNR, SEC Form 4, Insider Transaction, Equity Compensation, Restricted Stock Units, Stock Options, Executive Compensation