Pentair Finalizes CFO Compensation Package

summarizeSummary

Pentair plc filed an amended 8-K to disclose the compensation package for its new Executive Vice President and Chief Financial Officer, Nicholas J. Brazis, including a $600,000 base salary and a $1.25 million annual equity award.

check_boxKey Events

• CFO Compensation Finalized

  Nicholas J. Brazis, appointed Executive Vice President and Chief Financial Officer, will receive an annual base salary of $600,000.

• Annual Incentive Package

  Mr. Brazis is eligible for an 80% annual cash bonus target and a $1,250,000 annual incentive equity award for 2026, split between performance share units, restricted stock units, and stock options.

• Severance Agreement

  Mr. Brazis is also eligible for a Key Executive Employment and Severance Agreement (KEESA), providing certain benefits upon involuntary termination or termination for good reason following a change in control.

auto_awesomeAnalysis

This 8-K/A provides the compensation details for Nicholas J. Brazis, who was previously appointed Executive Vice President and Chief Financial Officer. The disclosure of specific compensation terms, including a $600,000 base salary, an 80% cash bonus target, and a $1.25 million annual equity award, completes the material information regarding a key executive appointment. This finalizes the terms for a critical C-suite role, offering clarity to investors on executive incentives.