Hausmann Heather M. 4

What Happened Heather M. Hausmann, EVP, Chief Information Officer and Chief Information Security Officer at Pentair (PNR), surrendered 258 shares to cover taxes on vesting and received equity awards. On 2026-03-01 she had 144 shares (worth $14,129) and 114 shares (worth $11,186) withheld at $98.12 each to satisfy tax obligations (total withheld value $25,315). On 2026-03-02 she acquired 1,529 shares (restricted stock units that vested) and was granted 4,285 derivative awards (reported as a grant/award; per footnotes these are employee stock options).

Key Details

• Transaction dates: tax withholding (surrenders) on 2026-03-01; RSU vest and option grant reported 2026-03-02; Form 4 filed 2026-03-03 (timely).
• Prices/values: withheld shares at $98.12 each (144 × $98.12 = $14,129; 114 × $98.12 = $11,186; total ≈ $25,315). New awards reported at $0.00 value on the form (standard for RSU/option grants).
• Shares owned after transaction: filing notes end-of-period holdings reflect vesting but does not specify an exact post-transaction total in the report.
• Footnotes: F1 = shares surrendered to pay taxes on RSU vesting; F2 = end-of-period holdings reflect vested RSUs; F3 = RSUs granted under the 2020 Share & Incentive Plan (1 RSU = right to 1 share on vesting); F4–F5 = employee stock option grant under the plan with 1/3 vesting each year.
• Filing timeliness: filed within the Form 4 reporting window (no late filing indicated).

Context

• The 258-share transfer was a tax withholding/cashless settlement related to RSU vesting, not an open-market sale — these are routine administrative transactions and don’t necessarily indicate a view on the stock.
• The 1,529 items are vested RSUs (convert to ordinary shares). The 4,285 derivative awards are stock options (per footnotes) subject to multi-year vesting (one-third each year).
• For retail investors, award grants and routine tax withholding are common and are not the same signal as an outright sale or purchase in the open market.