nVent CTO exercises options, sells 15,942 shares
nVent Electric plc EVP & Chief Technology Officer Aravind Padmanabhan reported an option exercise and related share sale.
Rhea-AI Filing Summary
nVent Electric plc EVP & Chief Technology Officer Aravind Padmanabhan reported an option exercise and related share sale. He exercised employee stock options covering 15,942 Ordinary Shares at $33.4300 per share and sold 15,942 Ordinary Shares in an open-market transaction at $174.0000 per share.
Following these transactions, he directly holds 23,243.2291 Ordinary Shares and 7,478.3910 Ordinary Shares tied to Restricted Stock Units, with an additional 83,217.1450 Ordinary Shares held indirectly through a deferral plan. The exercised option grant now shows 0.0000 options remaining, and footnotes note dividend reinvestment activity and that deferral-plan shares will be delivered under an irrevocable election.
Positive
- None.
Negative
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Insider Trade Summary
Exercise and Sale: 15,942 shares ($2.24M approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
Padmanabhan Aravind
Role
EVP & Chief Technology Officer
Sold
15,942 shs ($2.77M)
Approx. gross sale proceeds
$2.77M
Approx. exercise cost
$533K
Approx. pre-tax spread
$2.24M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 15,942 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 15,942 | $33.43 | $533K |
| Sale | Ordinary Shares | 15,942 | $174.00 | $2.77M |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares - Deferral Plan | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 contracts (Direct);
Ordinary Shares — 23,243.2291 shares (Direct);
Ordinary Shares - Restricted Stock Units — 7,478.391 shares (Direct);
Ordinary Shares - Deferral Plan — 83,217.145 shares (Indirect, Plan Agent)
Footnotes (3)
- F1. 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).
- F2. Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
- F3. This option is presently exercisable in full.
Key Figures
Shares sold: 15,942 shares
Sale price: $174.0000/share
Options exercised: 15,942 options
+5 more
8 metrics
Shares sold
15,942 shares
Ordinary Shares sold at $174.0000 per share
Sale price
$174.0000/share
Open-market sale of 15,942 Ordinary Shares
Options exercised
15,942 options
Employee stock options exercised into Ordinary Shares
Exercise price
$33.4300/share
Exercise price for employee stock options
Direct Ordinary Shares
23,243.2291 shares
Direct Ordinary Shares held after transactions
RSU-related shares
7,478.3910 shares
Ordinary Shares associated with Restricted Stock Units after transactions
Deferral plan holdings
83,217.1450 shares
Ordinary Shares held indirectly through deferral plan
Remaining options in grant
0.0000 options
Employee stock option grant after full exercise
Key Terms
open-market sale, Employee Stock Option, Restricted Stock Units, dividend reinvestment plan, +1 more
5 terms
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Option financial
"Employee Stock Option (right to buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Restricted Stock Units financial
"Ordinary Shares - Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment plan financial
"include shares acquired under a dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
deferral election financial
"delivered to the reporting person in accordance with their irrevocable deferral election"
FAQ
What insider transactions did nVent (NVT) CTO Aravind Padmanabhan report?
Aravind Padmanabhan reported exercising employee stock options for 15,942 Ordinary Shares at $33.4300 each and selling 15,942 Ordinary Shares at $174.0000 per share. The filing also updates his remaining share and option holdings after these transactions.
At what price were the nVent (NVT) stock options exercised by the CTO?
The employee stock options were exercised for 15,942 Ordinary Shares at an exercise price of $33.4300 per share. These options were described as presently exercisable in full, and after exercise the specific option grant shows 0.0000 options remaining outstanding.
What indirect nVent (NVT) holdings does the CTO report through a deferral plan?
He reports 83,217.1450 Ordinary Shares held indirectly under a deferral plan, with ownership type listed as through a plan agent. Footnotes explain that these holdings include shares from a dividend reinvestment plan and will be delivered under his irrevocable deferral election.
Did the nVent (NVT) CTO retain any employee stock options after this filing?
The reported employee stock option covering 15,942 shares now shows 0.0000 options remaining following exercise. A footnote states the option was presently exercisable in full, and this Form 4 reflects its complete exercise into Ordinary Shares on the reported date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
