Hensley Jennifer M 4
Research Summary
AI-generated summary
PENTAIR SVP Jennifer Hensley Surrenders Shares to Cover Taxes
What Happened
- Jennifer M. Hensley, Senior Vice President, CAO & Controller of PENTAIR plc (PNR), surrendered a total of 283 shares to satisfy tax withholding tied to the vesting of restricted stock units (RSUs). The transactions show 171 shares at $98.12 ($16,779) and 112 shares at $98.12 ($10,989), for a combined value of $27,768.
- This was a tax-withholding disposition (code F), not an open-market sale — a routine cashless withholding when RSUs vest.
Key Details
- Transaction date: 2026-03-01; Report filed: 2026-03-03 (appears timely).
- Prices and amounts: 171 shares @ $98.12 = $16,779; 112 shares @ $98.12 = $10,989; total surrendered = 283 shares (~$27,768).
- Shares owned after transaction: not specified numerically in the filing; footnote states end-of-period holdings reflect the vesting of RSUs previously reported.
- Footnotes: F1 = shares surrendered to pay taxes on RSU vesting; F2 = end-of-period holdings reflect previously reported RSU vesting.
- Transaction code: F (tax withholding/settlement of award).
Context
- This is a typical tax-withholding event when restricted stock units vest; shares are surrendered to cover tax liability rather than sold on the open market. Such transactions are generally administrative and do not, by themselves, signal a change in insider sentiment.