nVent director logs RSU grant, tax share surrender
nVent Electric plc director Nicola Palmer reported routine equity compensation activity.
Rhea-AI Filing Summary
nVent Electric plc director Nicola Palmer reported routine equity compensation activity. On May 15, 2026, 976 restricted stock units were granted under the nVent Electric plc 2018 Omnibus Incentive Plan, each representing one ordinary share upon vesting.
On the same date, 355 ordinary shares were surrendered at $169.01 per share to cover taxes due on the vesting of previously granted restricted stock units, a non‑market tax-withholding disposition rather than an open-market sale. After these transactions, Palmer directly held 18,984.977 ordinary shares, with 976 restricted stock units outstanding, including shares accumulated through a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Palmer Nicola
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares - Restricted Stock Units | 976 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 355 | $169.01 | $60K |
Holdings After Transaction:
Ordinary Shares - Restricted Stock Units — 976 shares (Direct);
Ordinary Shares — 18,984.977 shares (Direct)
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 include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
- F3. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- F4. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
Key Figures
RSUs granted: 976 units
Shares surrendered for taxes: 355 shares
Tax withholding price: $169.01 per share
+3 more
6 metrics
RSUs granted
976 units
Restricted stock units granted on May 15, 2026
Shares surrendered for taxes
355 shares
Tax-withholding disposition on May 15, 2026
Tax withholding price
$169.01 per share
Value used for 355 surrendered shares
Shares held after transaction
18,984.977 shares
Ordinary shares directly held after May 15, 2026
RSU holdings after grant
976 units
Restricted stock units outstanding after grant
Tax-withholding shares summary
355 shares
transactionSummary taxWithholdingShares
Key Terms
restricted stock units, dividend reinvestment plan, tax-withholding disposition, 2018 Omnibus Incentive Plan
4 terms
restricted stock units financial
"Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan."
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
"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)."
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.
tax-withholding disposition financial
"Shares surrendered to pay taxes applicable to vesting of restricted stock units."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
2018 Omnibus Incentive Plan financial
"Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan."
FAQ
What insider transactions did nVent Electric (NVT) director Nicola Palmer report?
Nicola Palmer reported a routine equity grant and a tax-related share surrender. She received 976 restricted stock units and surrendered 355 ordinary shares to cover taxes on vesting, with no open‑market purchases or sales disclosed.
What equity compensation did Nicola Palmer receive from nVent Electric (NVT)?
Palmer received 976 restricted stock units under the nVent Electric plc 2018 Omnibus Incentive Plan. Each unit entitles her to one ordinary share upon vesting, subject to applicable vesting conditions described in the plan.
How were taxes handled on Nicola Palmer’s nVent Electric (NVT) restricted stock vesting?
Taxes were satisfied by surrendering 355 ordinary shares back to the issuer. This tax-withholding disposition covered the tax liability triggered by the vesting of previously granted restricted stock units, as described in the filing’s footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
