nVent Electric (NVT) EVP exercises stock options, sells shares on Aug. 4 2025
Rhea-AI Filing Summary
nVent Electric plc executive Jon D. Lammers, EVP, General Counsel & Secretary, reported multiple stock option exercises and share sales on August 4, 2025. He exercised several employee stock options for ordinary shares at exercise prices ranging from $22.51 to $68.74 per share, then sold corresponding ordinary shares in market transactions at weighted average prices around the high $89 range, as detailed in the price footnotes.
On the same date, he also reported a gift of 4,000 ordinary shares at a price of $0. After all reported transactions, he directly beneficially owned 66,817 ordinary shares and 6,442.385 ordinary shares underlying restricted stock units. Following the option exercises shown, he continued to hold 4,529 and 5,984 employee stock options for ordinary shares, which remain outstanding.
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FAQ
What insider activity did nVent Electric (NVT) report for Jon D. Lammers?
nVent Electric plc reported that Jon D. Lammers, its EVP, General Counsel & Secretary, completed multiple transactions in ordinary shares on August 4, 2025. These included exercises of employee stock options and related sales of ordinary shares, along with a gift of 4,000 ordinary shares.
Which securities did Jon D. Lammers acquire and sell in this Form 4/A for NVT?
He exercised several employee stock options (rights to buy ordinary shares) at exercise prices of $22.51, $25.34, $25.92, $27.55, $33.43, $46.15 and $68.74 per share. The resulting ordinary shares were then sold in separate transactions at weighted average prices in the $89+ range, as explained in the footnotes.
How many nVent Electric shares does Jon D. Lammers own after these transactions?
After the reported transactions, Jon D. Lammers directly beneficially owned 66,817 ordinary shares of nVent Electric plc and 6,442.385 ordinary shares underlying restricted stock units, as shown in the end-of-period holdings.
What does the Form 4/A show about Jon D. Lammers’ remaining stock options in NVT?
The filing shows that after the option exercises reported on August 4, 2025, he continued to hold 4,529 employee stock options with a $46.15 exercise price expiring on March 1, 2033, and 5,984 employee stock options with a $68.74 exercise price expiring on March 1, 2034.
Were the nVent Electric share sale prices fixed or ranges in this Form 4/A?
The sale prices reported for several transactions are weighted average prices. Footnotes explain that actual prices received ranged from $89.255 to $89.67, $89.315 to $89.67, $89.61 to $89.67, and $89.22 to $89.385, with detailed breakdowns available on request.
What is the relationship of Jon D. Lammers to nVent Electric (NVT)?
According to the filing, Jon D. Lammers is an officer of nVent Electric plc, serving as EVP, General Counsel & Secretary, and the Form 4/A is filed as a Form filed by one reporting person.