STOCK TITAN

Aravind Padmanabhan plans sale of 15,942 NVT shares (NVT)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Aravind Padmanabhan proposes resale of 15,942 shares of Common Stock. The notice lists the sale as to Fidelity Brokerage Services LLC on 05/11/2026 by cash settlement; the shares were issued under an option granted 03/01/2022.

The filing also records prior sales of 6,988 shares on 05/05/2026 for $1,190,626.44. Shares outstanding are shown as 161,720,452 as of 05/11/2026.

Positive

  • None.

Negative

  • None.

Insights

Routine resale notice under securities resale rules; no new corporate action disclosed.

The filing is a Form 144 resale notice describing a proposed sale of 15,942 shares via Fidelity Brokerage Services LLC on 05/11/2026. It notes the underlying grant date of 03/01/2022.

Cash proceeds and previous sales are listed ($2,773,908.00 aggregate value line and a prior sale of 6,988 shares for $1,190,626.44). Timing and settlement mechanics are transactional details; regulatory compliance depends on transfer agent and broker procedures.

Proposed resale 15,942 shares scheduled sale via Fidelity on <date>05/11/2026</date>
Aggregate value (cover row) $2,773,908.00 cover-row dollar amount associated with 15,942 shares
Shares outstanding 161,720,452 shares outstanding as of <date>05/11/2026</date>
Prior sale in past 3 months 6,988 shares sold on <date>05/05/2026</date>
Proceeds from prior sale $1,190,626.44 amount reported for 6,988-share sale on <date>05/05/2026</date>
Option grant date 03/01/2022 underlying option grant for the securities
Form 144 regulatory
"Common | Fidelity Brokerage Services LLC ... | 15942 | 2773908.00"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
restricted securities regulatory
"Securities To Be Sold ... Option Granted - 03/01/2022"
Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.
resale notice financial
"Securities Sold During The Past 3 Months ... 6988 | 1190626.44"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does NVT's Form 144 filed by Aravind Padmanabhan report?

The filing reports a proposed resale of 15,942 shares of common stock to be sold through Fidelity on 05/11/2026. It cites an underlying option grant dated 03/01/2022 and lists prior sales in early May.

How many shares were previously sold in the past three months by the reporting person?

The notice shows prior sales of 6,988 shares on 05/05/2026 for $1,190,626.44. Those prior transactions are disclosed alongside the new proposed resale in the Form 144 filing.

Who is the broker handling the proposed resale in the Form 144?

The designated broker is Fidelity Brokerage Services LLC at the address listed in the filing. The sale is described as a cash sale scheduled on 05/11/2026 through that broker.

Does the Form 144 state how many shares outstanding exist for NVT?

Yes; the filing shows 161,720,452 shares outstanding as of 05/11/2026. That figure appears on the filing cover data and is presented as an outstanding-share count in the excerpt.

What is the issuance source of the shares being sold per the filing?

The shares being offered were issued under an option (grant date shown as 03/01/2022 and the Form 144 lists the sale as arising from that option exercise/holding.