Fishman Robert P

Fishman Robert P., serving as Interim EVP and CFO, has filed 38 Form 4 transactions covering a single company: Pentair plc (PNR). The aggregate pattern is decisively one-sided: zero open-market purchases, zero acquisitions, and $820,765 in total sell value. The most recent cluster of activity, all on November 14, 2025, shows eight open-market sales (code S) totaling roughly $820,765, paired with an equal number of option exercises (code M) valued at approximately $442,000. Those exercises are mechanical—converting options into shares—and the sales immediately following them are the only cash-generating events in the filing history. No buys appear anywhere in the record, and the recent sell count of eight dwarfs any other category. The November 14 sales were executed in eight tranches, ranging from $33,871 to $204,387, with the largest single disposition at $204,387.78. The accompanying option exercises, valued between $16,541 and $101,586, suggest a coordinated unwinding of vested equity rather than a staggered exit. Notably, the filing also includes two tax-withholding events (code F) on the same date—$100,695 and $301,875—which are automatic deductions to cover exercise costs, not discretionary trades. Earlier in 2026, additional F-code withholdings appeared on January 2 ($56,004.57 and $87,645.57) and January 3 ($117,454.48), along with a grant (code A) on February 23 and July 14 valued at $0, indicating compensation awards rather than market activity. The absence of any P-code purchases across all 38 filings is the standout feature. Fishman has never bought PNR shares on the open market during this period, and the only sell-side activity is concentrated in that single November 14 session. The data shows a CFO who exercises options, sells the resulting shares, and otherwise holds—no accumulation, no incremental buying, and no recent sell activity beyond that one-day burst. The total sell value of $820,765, paired with zero buy value, paints a picture of consistent monetization of equity compensation rather than a directional bet on the stock.