Philip M Rolchigo, EVP & Chief Technology Officer at Pentair (NYSE:PNR), reported a large insider sell on November 7, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Rolchigo sold 4,000 shares of Pentair. The total transaction amounted to $243,071.
Pentair shares are trading down 0.0% at $61.35 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, ...