STOCK TITAN

RSU awards lift nVent (NYSE: NVT) supply chain chief’s stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

nVent Electric plc reported that EVP and Chief Supply Chain Officer Mellinda Devese received two grants of restricted stock units on April 10, 2026. One award covers 5,362 RSUs that vest in three equal parts on the first, second, and third anniversaries of that date.

The second award covers 7,659 RSUs that vest 100% on the fourth anniversary of April 10, 2026. Each unit converts into one ordinary share upon vesting, bringing Devese’s reported direct holdings after these grants to 13,021 ordinary shares.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU compensation increases an executive’s equity stake over time.

The filing shows Mellinda Devese, EVP and Chief Supply Chain Officer, receiving two equity awards totaling 13,021 restricted stock units under the 2018 Omnibus Incentive Plan. These RSUs represent stock-based compensation rather than open-market buying or selling.

One grant vests in thirds over three years starting on April 10, 2026, while the other cliff-vests after four years. This multi-year vesting structure is typical, encouraging longer-term retention and alignment with shareholder value. The awards are new acquisitions, with no related sales or option exercises disclosed here.

Insider Devese Mellinda
Role EVP Chief Supply Chain Officer
Type Security Shares Price Value
Grant/Award Ordinary Shares - Restricted Stock Units 5,362 $0.00 --
Grant/Award Ordinary Shares - Restricted Stock Units 7,659 $0.00 --
Holdings After Transaction: Ordinary Shares - Restricted Stock Units — 5,362 shares (Direct)
Footnotes (1)
  1. Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the restricted stock units vest on the first, second and third anniversary of April 10, 2026. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting. Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. The restricted stock units vest 100% on the fourth anniversary of April 10, 2026. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
Initial RSU grant 5,362 RSUs Vesting one-third on each of the first three anniversaries of April 10, 2026
Second RSU grant 7,659 RSUs Vesting 100% on the fourth anniversary of April 10, 2026
Total RSUs after grants 13,021 shares Total direct ordinary shares reported following transactions
Transaction code A Grant, award, or other acquisition of restricted stock units
Transaction date April 10, 2026 Date of RSU grants to EVP Chief Supply Chain Officer
Restricted stock units financial
"Restricted stock units granted pursuant to 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.
2018 Omnibus Incentive Plan financial
"Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan."
vest financial
"One-third of the restricted stock units vest on the first, second and third anniversary of April 10, 2026."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
cliff vesting financial
"The restricted stock units vest 100% on the fourth anniversary of April 10, 2026."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Devese Mellinda

(Last)(First)(Middle)
1665 UTICA AVENUE
SUITE 700

(Street)
ST. LOUIS PARK MINNESOTA 55416

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
nVent Electric plc [ NVT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP Chief Supply Chain Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares - Restricted Stock Units04/10/2026A(1)5,362A$05,362D
Ordinary Shares - Restricted Stock Units04/10/2026A(2)7,659A$013,021D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the restricted stock units vest on the first, second and third anniversary of April 10, 2026. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
2. Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. The restricted stock units vest 100% on the fourth anniversary of April 10, 2026. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
/s/ John K. Wilson, Attorney-in-Fact for Mellinda Devese04/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did nVent (NVT) report for Mellinda Devese?

nVent reported that EVP and Chief Supply Chain Officer Mellinda Devese received two grants of restricted stock units on April 10, 2026. These awards are stock-based compensation, not open-market share purchases or sales, and increase her direct equity exposure to the company.

How many restricted stock units did Mellinda Devese receive at nVent (NVT)?

Mellinda Devese received two restricted stock unit awards totaling 13,021 RSUs. One grant covers 5,362 RSUs and the other 7,659 RSUs. Each unit represents the right to receive one nVent ordinary share upon vesting under the company’s 2018 Omnibus Incentive Plan.

What are the vesting terms of Mellinda Devese’s RSUs at nVent (NVT)?

One RSU grant vests in three equal installments on the first, second, and third anniversaries of April 10, 2026. The second grant vests 100% on the fourth anniversary of that same date, creating a staggered, multi-year incentive and retention schedule for the executive.

How many nVent (NVT) shares does Mellinda Devese hold after these RSU grants?

Following the reported RSU awards, Mellinda Devese’s direct holdings total 13,021 ordinary shares. This figure reflects the shares underlying the granted restricted stock units as reported in the Form 4, all held in a direct ownership capacity.

Are Mellinda Devese’s nVent (NVT) RSU grants open-market purchases?

No. The filing shows grant/award acquisitions of restricted stock units, not open-market share purchases. These RSUs are compensation awarded under the 2018 Omnibus Incentive Plan and convert into ordinary shares only as they vest over the specified multi-year schedule.