nVent Electric (NVT) executive discloses mandatory share sale for taxes
Rhea-AI Filing Summary
nVent Electric plc’s EVP & Chief HR Officer, Lynnette R. Heath, reported share transactions involving company ordinary shares. On 01/02/2026, 2,283.36 ordinary shares were sold at $106.395 per share to cover tax withholding obligations tied to a distribution from a deferral plan. The filing states that this sale was mandated to satisfy tax obligations and did not represent a discretionary trade by the reporting person. The report also notes distributions of shares from the deferral plan and indicates that end-of-period holdings include shares acquired through a dividend reinvestment plan.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary Shares - Deferral Plan | 2,283.36 | $106.395 | $243K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- Reflects distribution of shares from the deferral plan. Represents the shares sold on behalf of the reporting person to cover tax withholding obligations. This sale is mandated to satisfy the tax withholding obligations and does not represent a discretionary trade by the reporting person. Reflects distribution of shares out of the deferral plan. Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election. End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
FAQ
What insider transaction did nVent Electric plc (NVT) disclose in this filing?
The filing reports that EVP & Chief HR Officer Lynnette R. Heath had 2,283.36 ordinary shares of nVent Electric plc sold on 01/02/2026 at $106.395 per share to cover tax withholding obligations related to a deferral plan distribution.
Who is the reporting person in this nVent Electric plc Form 4?
The reporting person is Lynnette R. Heath, who serves as EVP & Chief HR Officer of nVent Electric plc.