nVent SVP sells 4,094 shares after option exercise
nVent Electric plc SVP & Chief Accounting Officer Randolph A. Wacker reported an exercise-and-sell transaction in company stock.
Rhea-AI Filing Summary
nVent Electric plc SVP & Chief Accounting Officer Randolph A. Wacker reported an exercise-and-sell transaction in company stock. On May 4, 2026, he exercised employee stock options covering 4,094 Ordinary Shares at exercise prices of $25.34 and $20.22 per share, then sold the same total number of Ordinary Shares in open-market trades.
The sales included 4,036 shares at $165.5704 per share and 58 shares at $165.50 per share, with a footnote stating the larger sale price is a weighted average and that actual prices ranged from $165.569 to $165.625. After these transactions, Wacker directly held 49,873.3117 Ordinary Shares, which the filing notes include monthly purchases under the company’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 4,094 shares ($595K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Wacker Randolph A.
Role
SVP & Chief Accounting Officer
Sold
4,094 shs ($678K)
Approx. gross sale proceeds
$678K
Approx. exercise cost
$83K
Approx. pre-tax spread
$595K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 4,036 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) | 58 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 4,036 | $20.22 | $82K |
| Sale | Ordinary Shares | 4,036 | $165.5704 | $668K |
| Exercise | Ordinary Shares | 58 | $25.34 | $1K |
| Sale | Ordinary Shares | 58 | $165.50 | $10K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 contracts (Direct);
Ordinary Shares — 49,873.3117 shares (Direct)
Footnotes (2)
- F1. End-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c).
- F2. The price in Column 4 is a weighted average price. The prices actually received ranged from $165.569 to $165.625. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
Key Figures
Shares sold: 4,094 shares
Weighted average sale price: $165.5704/share
Additional sale price: $165.50/share
+3 more
6 metrics
Shares sold
4,094 shares
Ordinary Shares sold in open-market transactions on May 4, 2026
Weighted average sale price
$165.5704/share
4,036-share sale; actual prices ranged $165.569–$165.625
Additional sale price
$165.50/share
58-share open-market sale of Ordinary Shares
Option exercise price 1
$25.34/share
Exercise of employee stock options for 58 underlying Ordinary Shares
Option exercise price 2
$20.22/share
Exercise of employee stock options for 4,036 underlying Ordinary Shares
Post-transaction holdings
49,873.3117 shares
Ordinary Shares directly held after transactions, including ESPP purchases
Key Terms
Employee Stock Option, weighted average price, Employee Stock Purchase Plan (ESPP), Rule 16b-3(c)
4 terms
Employee Stock Option financial
"security_title: "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.
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Employee Stock Purchase Plan (ESPP) financial
"monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP)"
Rule 16b-3(c) regulatory
"in exempt transactions pursuant to Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
FAQ
What insider transactions did nVent Electric (NVT) report for Randolph A. Wacker?
Randolph A. Wacker exercised options for 4,094 shares and sold 4,094 Ordinary Shares. The Form 4 shows paired option exercises and open-market sales on May 4, 2026, leaving him with 49,873.3117 directly held nVent Electric Ordinary Shares afterward.
What option exercise prices were disclosed in the nVent Electric (NVT) Form 4?
Options were exercised at $25.34 and $20.22 per share. Wacker exercised employee stock options for 58 shares at a $25.34 exercise price and 4,036 shares at a $20.22 exercise price before selling the resulting Ordinary Shares in the open market.
Does the nVent Electric (NVT) Form 4 mention weighted average pricing?
Yes, the filing notes a weighted average sale price. For the 4,036-share sale, it discloses a weighted average price of $165.5704 and explains that actual sale prices ranged from $165.569 to $165.625, with detailed breakdowns available upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
