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Pentair logoPentair PNR

The company said it reported the appointment of Nicholas J. Brazis as Executive Vice President and Chief Financial Officer, effective March 1, 2026, in its earlier Form 8-K filed on October 21, 2025. This 8-K/A adds compensation information that was not included in that filing.

8-K/ADeparture or Appointment of Directors or Certain Officers (amended)Amended filingFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it reported the appointment of Nicholas J. Brazis as Executive Vice President and Chief Financial Officer, effective March 1, 2026, in its earlier Form 8-K filed on October 21, 2025. This 8-K/A adds compensation information that was not included in that filing.

  2. The company said its Compensation Committee on February 23, 2026 approved an annual base salary of $600,000 for Brazis and an annual cash bonus target of 80% of base salary. The 2026 bonus will be pro rated based on the number of eligible months.

  3. Pentair said Brazis will receive an annual incentive equity award for 2026 valued at $1,250,000, allocated 50% to performance share units, 25% to restricted stock units and 25% to stock options.

  4. The company said Brazis may participate in its Key Executive Employment and Severance Agreement (KEESA) and could receive certain severance and other benefits if he is involuntarily terminated, other than for death, disability or cause, or resigns for good reason, following a change in control.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Purpose of Pentair CFO Appointment Amendment

The company said it reported the appointment of Nicholas J. Brazis as Executive Vice President and Chief Financial Officer, effective March 1, 2026, in its earlier Form 8-K filed on October 21, 2025. This 8-K/A adds compensation information that was not included in that filing.

Source · Based on the filing body and exhibits

Base Salary and Annual Cash Bonus Target

The company said its Compensation Committee on February 23, 2026 approved an annual base salary of $600,000 for Brazis and an annual cash bonus target of 80% of base salary. The 2026 bonus will be pro rated based on the number of eligible months.

Source · Based on the filing body and exhibits

2026 Annual Incentive Equity Award

Pentair said Brazis will receive an annual incentive equity award for 2026 valued at $1,250,000, allocated 50% to performance share units, 25% to restricted stock units and 25% to stock options.

Source · Based on the filing body and exhibits

KEESA Terms and Post-Change-in-Control Severance Benefits

The company said Brazis may participate in its Key Executive Employment and Severance Agreement (KEESA) and could receive certain severance and other benefits if he is involuntarily terminated, other than for death, disability or cause, or resigns for good reason, following a change in control.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.