[Form 4] nVent Electric plc Insider Trading Activity
nVent Electric plc director Jerry W. Burris reported routine equity compensation activity.
Rhea-AI Filing Summary
nVent Electric plc director Jerry W. Burris reported routine equity compensation activity. He received a grant of 976 Ordinary Share restricted stock units under the nVent Electric plc 2018 Omnibus Incentive Plan, each representing one share upon vesting.
On the same date, 602 Ordinary Shares were surrendered to cover taxes due on the vesting of previously granted restricted stock units, a tax-withholding disposition rather than an open-market sale. Following these transactions, Burris directly holds 48,154 Ordinary Shares and 976 restricted stock units, with end-of-period holdings also reflecting shares acquired through a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares - Restricted Stock Units | 976 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 602 | $169.01 | $102K |
Footnotes (4)
- F1. Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
- F2. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- F3. 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).
- F4. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
Key Figures
Key Terms
Restricted stock units financial
nVent Electric plc 2018 Omnibus Incentive Plan financial
dividend reinvestment plan financial
Section 16(a) regulatory
tax-withholding disposition financial
FAQ
What did nVent (NVT) director Jerry W. Burris report in this Form 4?
What are the restricted stock units granted to Jerry W. Burris at nVent (NVT)?
How were dividend reinvestments reflected in Jerry W. Burris’s nVent (NVT) holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.