AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryThe 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.
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.
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.
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-writtenAnalysis 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.
Loading the filing text…