Speetzen Michael T 4
Research Summary
AI-generated summary
PENTAIR (PNR) Director Michael T. Speetzen Sells 7,000 Shares
What Happened
Michael T. Speetzen, a director of PENTAIR plc (PNR), sold 7,000 shares in an open-market transaction on February 11, 2026. The weighted-average sale price was $99.99 per share for a total proceeds of $699,945. The filing reports the actual sale prices ranged from $99.455 to $100.40.
Key Details
- Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-12). Filing appears timely.
- Transaction type/code: Sale (S) — open market/private sale.
- Shares sold: 7,000; weighted-average price: $99.99; total proceeds: $699,945.
- Price range: $99.455 to $100.40 (Form notes a weighted average was used; breakdown by price available on request).
- Shares owned after transaction: not specified in the provided summary; the filing footnote notes end-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions (F2).
- Footnotes: F1 explains the weighted-average price and availability of per-price breakdown; F2 notes DRIP-acquired shares are included in end-of-period holdings and were exempt from Section 16(a) reporting.
Context
This was a sale by a company director — sales are often routine (e.g., portfolio management, tax purposes) and do not by themselves indicate management sentiment. No purchase, option exercise, or gift was reported for this transaction. If you want the exact per-trade price breakdown or the director’s post-transaction holdings, the filing indicates that information can be provided upon request.