nVent Electric (NVT) EVP Nitin Jain reports initial shares and stock options
Rhea-AI Filing Summary
nVent Electric plc executive Nitin Jain, EVP and Chief Strategy Officer, filed an initial ownership report showing his equity stake in the company. He directly holds 5,729.424 restricted stock units and 19,409.535 ordinary shares. He also holds several employee stock option grants with exercise prices between $33.43 and $120.27 per share, expiring from 2032 through 2036, some of which are already exercisable and others that vest in thirds on the first, second and third anniversaries of March 1, 2024, March 3, 2025 and March 2, 2026.
Positive
- None.
Negative
- None.
Insights
Routine Form 3 showing initial holdings and option grants, with no buy or sell activity.
This Form 3 lists Nitin Jain’s existing equity stake in nVent Electric plc as he becomes a reporting insider. It details direct holdings of ordinary shares, restricted stock units and multiple employee stock option awards.
The option grants cover underlying ordinary shares at exercise prices from $33.43 to $120.27 per share, expiring between 2032 and 2036. Footnotes indicate some options are already exercisable, while others vest in equal thirds on the first three anniversaries of grant dates in 2024, 2025 and 2026.
Because there are no recorded purchases or sales and the transaction summary shows only holding entries and a neutral net buy/sell direction, this filing is best viewed as routine disclosure rather than a new market signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
Footnotes (4)
- F1. This option is presently exercisable in full.
- F2. One-third of the stock options become exercisable on the first, second and third anniversary of March 1, 2024.
- F3. One-third of the stock options become exercisable on the first, second and third anniversary of March 3, 2025.
- F4. One-third of the stock options become exercisable on the first, second and third anniversary of March 2, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
Employee Stock Option (right to buy) financial
exercise price financial
expiration date financial
vesting financial
AI-generated analysis. How Rhea-AI works. Not financial advice.