Philip M. Rolchigo - Nov 1, 2024 Form 4 Insider Report for PENTAIR plc (PNR)

Signature
/s/ John K. Wilson, Attorney-in-Fact for Philip M. Rolchigo
Stock symbol
PNR
Transactions as of
Nov 1, 2024
Transactions value $
-$199,349
Form type
4
Date filed
11/5/2024, 05:50 PM
Previous filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNR Common Shares Options Exercise $158K +3.59K +18.66% $44.11 22.8K Nov 1, 2024 Direct F1
transaction PNR Common Shares Sale -$358K -3.59K -15.72% $99.67 19.2K Nov 1, 2024 Direct F1
holding PNR Common Shares - Deferral Plan 22.9K Nov 1, 2024 Plan Agent F2, F3
holding PNR Common Shares - Restricted Stock Units 4.77K Nov 1, 2024 Direct F3
holding PNR Common Shares - ESOP 68 Nov 1, 2024 Plan Agent F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PNR Employee Stock Option (right to buy) Options Exercise $0 -3.59K -100% $0.00 0 Nov 1, 2024 Common Shares 3.59K $44.11 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes on August 1, 2024.
F2 Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
F3 End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
F4 This option is presently exercisable in full.