nVent executive surrenders shares for tax withholding
nVent Electric plc executive Brian C. Coleman reported a tax-related share disposition tied to equity compensation.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
nVent Electric plc executive Brian C. Coleman reported a tax-related share disposition tied to equity compensation. On the vesting of previously reported restricted stock units, 2,491 Ordinary Shares were surrendered to cover applicable taxes, a non-market transaction classified as a tax-withholding disposition. Following this, Coleman directly holds 2,970 Ordinary Shares and 37,271.425 Ordinary Shares underlying restricted stock units, indicating that most of his equity exposure remains in the form of unvested or recently vested awards rather than open-market trading.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 2,491 | $130.56 | $325K |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
Footnotes (2)
- F1. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- F2. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
Key Figures
Key Terms
restricted stock units financial
tax-withholding disposition financial
end-of-period holdings financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did nVent Electric (NVT) report for Brian C. Coleman?
What does the F transaction code mean in the nVent Electric (NVT) Form 4?
How does restricted stock unit vesting affect nVent Electric (NVT) insider holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.